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ABL acts on sale of retirement village

Arnold Bloch Leibler has acted on the sale of a luxury retirement and aged care facility in Wollongong.

user iconThe New Lawyer 10 March 2010 Big Law
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ARNOLD Bloch Leibler has acted on the sale of a luxury retirement and aged care facility in Wollongong.

The firm advised Horizon Living and Horizon care on the sale of aged care facility Links Seaside, based in Wollongong, one of Australia’s largest retirement living centres.

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The purchaser is IRT, a not-for-profit retirement living and aged care provider.

A number of Arnold Bloch Leibler’s clients were involved in the development and sale of Links Seaside, the firm said.

Arnold Bloch Leibler has been working with the property’s various owners regarding the financial side of the sale, as well as with Horizon Living and Horizon Care on the commercial and property aspects.

The deal completed on 9 March this year.

The matter was conducted by Arnold Bloch Leibler partners, Andrew Silberberg and Paul Rubenstein, and special counsel, Simonne Einfeld.


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