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ABL advises on retirement village acquisition

ABL advises on retirement village acquisition

Arnold Bloch Leibler has acted for the Buxton Group in its acquisition of the Rylands of Brighton retirement village business from FKP Property Group.

The sale sees the Buxton Group return to manage Rylands of Brighton, a retirement village comprising 71 independent living apartments located in the Melbourne inner-city area of Brighton, which the Buxton Group originally developed over 10 years ago.

The transaction was conducted by Arnold Bloch Leibler partner, Jeremy Leibler, senior associate, Jeremy Lanzer and lawyer, Rebecca Abeles.

Jeremy Leibler said the Buxton Group is a long-standing client of the firm.

“We acted in their sale of Rylands of Brighton to Stockland in 2008, and it is pleasing to see them come full circle to regain control of Rylands of Brighton.”

 

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