Allens Advises Brookfield in Australia’s Largest-Ever Real Estate Deal: $2.5 Billion Aveo Sale

Australia’s esteemed law firm, Allens, is providing counsel to asset manager Brookfield in relation to the $2.5 billion sale of Aveo, one of the leading retirement living providers in the country. This transaction marks Australia’s largest-ever direct real estate deal. Aveo’s extensive portfolio encompasses over 10,000 units across 67 retirement villages, primarily located in high-value metropolitan suburbs. In addition to its current assets, Aveo has a development pipeline of more than 3,500 additional units, enhancing its appeal to prospective buyers. For further details on this transaction, read the full article here.