US EditionVillage operator RetireAustralia bought by Invesco Real Estate for $845M
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Village operator RetireAustralia bought by Invesco Real Estate for $845M
The Atlanta, Georgia-based global real estate investment management business, which has over US$80 billion in real estate assets under management, has forked out $845 million for the Brisbane-based retirement village operator. Invesco Real Estate will purchase RetireAustralia from Infratil and the New Zealand Superannuation Fund, which each hold a 50% interest in the operator. Both shareholders’ interests are managed by infrastructure investment…
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