Archer Capital rumoured to be pursuing Stocklands six aged care facilities
In February this year Australian private equity firm, Archer Capital, invested $270 million purchasing Lend Leases 31 aged care facilities with 2,300 beds co-located in Lend Lease villages. Archer promptly changed the care business name to Allity...
In February this year Australian private equity firm, Archer Capital, invested $270 million purchasing Lend Leases 31 aged care facilities with 2,300 beds co-located in Lend Lease villages. Archer promptly changed the care business name to Allity. It is now believed to be negotiating with Stockland to buy its 400 beds across six care facilities, remnants of the Aevum village group purchase.