An affiliate of Qatar Investment Authority, Qatar's sovereign wealth fund, acquires an equity stake in Welltower (NYSE:WELL) through a $300M investment in common stock as part of a long-term partnership.
The fund also has an option to acquire an interest in a development pipeline of urban senior living communities.
Welltower rises 0.5% in premarket trading.
Previously: Welltower JV to build seniors community in NYC's Upper West Side (Nov. 9)
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