Blackstone Announces Investment in Australia’s National Lifestyle Villages
12.02.14
This is only gets display when printing
Simpson Thacher is representing Blackstone Tactical Opportunities in connection with its $129 million (A$150 million) investment in Australia’s National Lifestyle Villages (NVL).
National Lifestyle Villages is a greenfield developer of land-lease communities for over-45s and early retirees in Western Australia state. NVL communities have more than 1,800 residences that are home to about 2,700 people, with plans to increase to 3,100 homes and 4,600 people as existing communities are completed over the next few years.
The Simpson Thacher team includes Anthony King, Jonathan Hwang and Ding Jin (M&A).