Australia’s leading owner, operator and manager of retirement communities, Aveo Group Limited
(ASX:AOG) today announced it has exchanged contracts for the acquisition of 100% of Freedom Aged Care Pty Ltd (Freedom).
Freedom owns and operates more than 1,000 units in 15 retirement communities across Australia in Queensland, NSW, Victoria and Tasmania, as well as a development pipeline of 533 units. The development pipeline includes 387 units in five of the 15 existing villages and a 146 unit site for an additional new village on the Sunshine Coast in Queensland.
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