Ventas Inc (NYSE:VTR) is an American real estate investment trust (REIT) company. The firm is focused on acquisition and ownership of properties in the health care sector.
In addition, the REIT firm also engages itself in the management of the properties.
The firm mainly operates and provides its services in Canada, the United Kingdom, and the United States.
The US-based REIT owns various properties in these geographical region and it also invests in various other senior housing properties.
The real estate investment trust claims to own and has investments in around 1,200 properties in the United States, Canada, and the United Kingdom as of March 2021.
In addition, it also claims to have around 27 million square feet of office properties. The NYSE-listed firm under 'VTR' ticker also claims to among the Forbes Global 2000 and GEI index by Bloomberg for 2021.
The REIT firm either acquires or leases its properties to tenants. In addition, it also manages the operations of the properties through independent or third-party managers.
The company manages and operates under the following business divisions:
• Triple-Net Leased Properties
• Senior Living
Triple-Net Leased Properties segment
The Chicago-based REIT acquires and invests in various properties in the seniors housing and healthcare sector in the United States and the United Kingdom under the triple-net leased segment.
It then leases the acquired properties to various health care organizations under absolute-net contracts, which require the renters to pay all the property and its related charges, reportedly.
Seniors Living operations segment
The second reportable segment focuses on the investments in the seniors housing properties in the United States and Canada. It then manages the properties through its independent or third-party operators.
Office operations segment
The US-based REIT firm under this segment is engaged in acquisition and the ownership of offices buildings related to the medical sector. In addition, it also looks on the development, management, and then leases these properties in the United States.