As the needs of caring for our ageing population grows, so too does our breadth of experience in retirement and aged care
The King & Wood Mallesons team delivers corporate, regulatory, finance and real estate advice across the sector.
We know the sector, from the “ground-up” (development of greenfield or brownfield sites), regulatory requirements including the various State and Territory retirement village acts, and planning. We advise on the Commonwealth Aged Care laws, investment objectives and operations.
Our national team is spread across the east and west coasts, and are able to provide our clients with on the ground support wherever your asset is located.
Market highlights
- Stockland: advising on the A$620 million acquisition of Halcyon Group’s permanent over 50’s living communities in South East Queensland, including the established, in development and in planning communities.
- ASX listed infrastructure asset manager: advising on the A$125 million acquisition of 14 Salvation Army aged-care facilities.
- RACWA: advising on the acquisition of a 50.1% interest in the St Ives Group which owns and operates retirement villages, aged care facilities and community care businesses in Western Australia.
- Hindmarsh Group: advising on the acquisition, financing, structuring, development and ongoing operation of The Grange retirement village in Deakin, Australian Capital Territory.
- Australian Prime Property Funds: advising on the acquisition and restructuring of a portfolio of retirement assets from Retirement By Design.
- ASX-listed financial services company: advising on the establishment of a joint venture arrangement with Meridien Retirement Living to acquire a 50% interest in a portfolio of retirement villages located in Queensland, New South Wales and South Australia.
- Settler Group: acting on the mortgagee in possession and receiver sales of 5 Settler retirement villages in Queensland, Western Australia and Queensland.
