CSH.UN:CC - Chartwell Retirement Residences Announces Wind-up of its Joint Venture with Welltower Inc.

Canada NewsWire

MISSISSAUGA, ON , Nov. 9, 2023 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced today that it has entered into an agreement to wind-up its existing joint venture (the "JV") with Welltower Inc. ("Welltower").  Details of the announcement can be found on Chartwell's website at:

https://investors.chartwell.com/november2023-transaction-with-welltower

Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents.  Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.  Chartwell is the largest operator in Canada , serving over 25,000 residents in four provinces across the country. For more information, visit www.chartwell.com .

For more information, please contact:

Chartwell Retirement Residences
Vlad Volodarski
Chief Executive Officer
Tel: (905) 501-4709
email: investorrelations@chartwell.com

SOURCE Chartwell Retirement Residences

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