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Pandox AB is a company based in Sweden, operating within the hotel property sector. The company's core business involves the ownership and management of hotel properties across various geographic regions. Pandox AB owns a diverse portfolio of hotel assets that it leases to third-party operators under long-term agreements or manages through its hotel operations segment. Established in 1995, Pandox has a widespread presence in Northern Europe, with a strategic focus on full-service hotels in city center locations. Its competitive advantage lies in its specialized expertise in hotel property management and its extensive network, which enables efficient operations and optimal asset utilization.

Welltower owns a diversified healthcare portfolio of 2,950 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes over 900 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.