Property giant Lend Lease Group
(ASX:LLC) has sold off more than thirty aged care homes in a deal valued at $270 million.
The facilities, located across Australia, were purchased as part of the 2009 acquisition of retirement group Primelife.
Lend Lease chief executive Steve McCann says they’ve been sold to Australian Aged Care Partners.
Lend Lease last reported a $302 million net profit in the six months to December 31.
