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RetireAustralia’s part-owner Infratil to be added to ASX300 Index

1 min read

The Wellington, New Zealand-based infrastructure investor, which owns 50% of Australia's fifth largest retirement village operator, has a market capitalisation of NZ$11.99 billion. 

Infratil, along with NZ Super Fund, took RetireAustralia off the market in December last year to see what buyer interest is out there there this year. It trades on the NZX and ASX. S &P Dow Jones Indices announced on 9 September that it was part of the ASX300 Index from Monday, 23 September.

The Australian media outlet reported Pacific Equity Partners, part owner of leading lend lease communities operator Serenitas, is understood to have made an informal offer for RetireAustralia through investment bank Jefferies.

The national publication also reported Aware Super-backed operator Keyton, along with Kohlberg Kravis Roberts, has also enquired about buying the retirement village operator, which has 29 villages in operation. With Keyton announcing the sale of its 10 retirement villages in Western Australia, is there a link?

Browse the #1 website villages.com.au and check availability for all retirement living and land lease resorts   


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