Mirvac and Pacific Equity Partners Secure Assets agreement to pay $1.01 billion, for a 95% ownership, with Serenitas CEO Rob Nichols’ Tasman Capital Partners keeping 5%, has been settled.
Now Mirvac's Group CEO and Managing Director, Campbell Hanan, CEO Investments, Richard Seddon and Chief Stakeholder Relations and Customer Officer, Amy Menere flew to Western Australia and toured its National Lifestyle Villages' land lease communities.
"Our expansion into the land lease sector comes against a backdrop of a forecasted near doubling of the over-55s population over the next 40 years, with Serenitas providing affordable low-maintenance living with access to community amenity to encourage a healthy and connected lifestyle with a strong sense of community,” said Mirvac in a LinkedIn post.
