Health Care REIT Announces 18M Share Offering

Health Care REIT, Inc.

announced today that it intends to offer, subject to market and other conditions, 18,000,000 shares of its common stock. Health Care REIT intends to grant the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of its common stock. The company intends to use the net proceeds from this offering to repay advances under HCN's unsecured lines of credit, to repay other outstanding indebtedness and for general corporate purposes, including investing in health care real estate and seniors housing properties. UBS Investment Bank, Deutsche Bank Securities, and Wells Fargo Securities will act as joint book-running managers for the offering.