Gadens Lawyers have acted for Stockland on its acquisition of three retirement villages owned by the Retirement Villages Group, advised by Minter Ellison.
The villages are located in Brisbane, the Gold Coast and Canberra, and together add 376 "independent living units" to Stockland's national portfolio.
"The deal involved simultaneous exchange and settlement of contracts for the sale of the corporate structures which hold the villages and completed on 30 June," said partner Paul Brown who led the Gadens team.
The Stockland in-house legal team was led by Clayton Severino and supported by Gadens lawyers Arthur Koumoukelis, lalana Brooks, Niva Yoganathan, Jessica Smythe, David Morgan, Gary Koh and Stafford Hopewell and Cameron Steele.
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