Ventas Named as a Founding Partner of The Global Institute on Innovation Districts

CHICAGO–(BUSINESS WIRE)–$VTR–Ventas, Inc., (NYSE: VTR) has been named a “Founding Partner” of The
Global Institute on Innovation Districts
(“GIID”) a practitioner-led
and empirically grounded not-for-profit organization designed to
strategically advance innovation districts worldwide through the
creation of a global network and focused research initiatives.

Today, by conservative estimates, there are more than 100 innovation
districts emerging around the world. These integrated ecosystems are
built to thrive on the close proximity of research institutions, mature
companies, start-ups and scale-ups, co-working spaces, and supportive
intermediaries. As the number of districts continue to grow so does
their need for dedicated fact-based research support to both define and
differentiate themselves. To support this evolution, GIID will: identify
and monitor the global growth of innovation districts; capture and
dissect critical opportunities and successes; provide detailed,
evidence-based strategies and data to accelerate their work; facilitate
communication and shared learnings; and foster collective engagement on
top priorities such as access to capital and IP protections to create
norms around growth, finance and governance.

“Investments in our University-based Research & Innovation (“R&I”)
portfolio are recognizing strong, sustainable growth because of
high-quality institutional tenants and growing university demand for
knowledge communities,” said Debra A. Cafaro, Ventas Chairman and Chief
Executive Officer. “There is close alignment between the objectives of
GIID and Ventas’s investment focus on our R&I portfolio. We are proud to
support GIID’s research-driven approach to understanding and growing
these valuable knowledge epicenters across the globe as a Founding
Partner of the Institute.”

The GIID is led by Julie Wagner and Bruce Katz, co-authors of the 2014
Brookings Research paper “The Rise of Innovation Districts,” and
influential leaders active in the growth and advancement of innovation
districts around the world together with seasoned industry practitioner
and intellectual advisor on the development of innovation districts in
the U.S., Thomas Osha, who also serves as senior vice president,
innovation & economic development for Wexford. GIID recently released
its first research paper, The
Evolution of Innovation Districts: The New Geography of Global Innovation
which follows five years of subsequent research and on-the-ground
practice and offers new insights on how successful innovation districts
are organizing themselves to forge ahead and to establish a formal
network-based organization to support the growth and impact of
innovation districts around the world.

Ventas joins two other GIID Founding Partners: Lendlease, a global
property and infrastructure group and The Nowak Metro Finance Lab at
Drexel University. Founding Partners will serve on the GIID’s Steering

The Ventas R&I portfolio currently includes 33 University-based R&I
properties located in established and emerging knowledge communities and
are principally anchored by highly-ranked research universities
including Brown, Duke, University of Pennsylvania, Wake
Forest, Washington University in St Louis and Yale, which together
account for 10 percent of all university research and development
spending in the United States. Ventas has an exclusive development
partnership with Wexford Science & Technology, LLC, the leading
developer of University-focused real estate solutions.

About Ventas:

Ventas, Inc., an S&P 500 company, is a leading real estate investment
trust. Its diverse portfolio of approximately 1,200 assets in the United
States, Canada and the United Kingdom consists of seniors housing
communities, medical office buildings, university-based research and
innovation centers, inpatient rehabilitation and long-term acute care
facilities, and health systems. Through its Lillibridge
subsidiary, Ventas provides management, leasing, marketing, facility
development and advisory services to highly rated hospitals and health
systems throughout the United States. References to “Ventas” or the
“Company” mean Ventas, Inc. and its consolidated subsidiaries unless
otherwise expressly noted. More information about Ventas and Lillibridge
can be found at and

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conference calls and webcasts.


Louise Adhikari
+1 312 660 3816

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