Wafra and Welltower to form a $550m joint venture.

Wafra, a global alternative investment platform, and Welltower, an S&P 500 healthcare real estate investment trust, agreed to form a $550m joint venture. "Wafra is pleased to launch this partnership with Welltower, whom we regard as a premier owner-operator and leader in medical office and healthcare real estate. Building on Welltower's demonstrated track record, we see compelling opportunities to realize shared success through this partnership. We look forward to expanding our footprint together in these growing sectors with the shared goal of further collaboration on healthcare and other real estate opportunities," Russell Valdez, Wafra Chief Investment Officer.