Assets that may be in distress or the subject of sanction activity are providing opportunities for buyers and sellers, according a panel co-hosted by the law firm and the peak body on Mergers and Acquisitions in Retirement Living and Aged Care – one of the first major events for Russell Kennedy since they opened their Sydney office.
25 people attended the free lunch event – which included speakers Rohan Harris (pictured below), Solomon Miller and Donna Rayner from Russell Kennedy and Ernst & Young Partner Marcus Willison led by LASA General Manager Business Support Services, Brendan Moore – last Tuesday at Leading Age Services Australia (LASA) Sydney office.
The event covered the potential barriers to deals and solutions and next steps for buyers and sellers, and Rohan tells us there was a high level of engagement from attendees, who included both public, private and Not For Profit providers and smaller and larger organisations.
“There are opportunities for buyers who are prepared to move, have the funding available and the expertise and the resources available,” he said.
Rohan says the law firm has handled several transactions in recent times (pictured above), including portfolio sales and single sites in both metropolitan and regional areas. Find out more HERE.
