EQT last week announced its agreement to acquire Australian retirement village provider, Stockland Retirement Living, from Stockland property development group for a consideration of $716.7m.
The acquisition will be made by the private equity firm’s 15.7 billion fund, EQT Infrastructure V.
The fund, which after the acquisition will be 70-75% deployed, is dedicated to five core sectors, namely, energy, transport logistics, environmental, digital, and social infrastructure.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
The fund’s portfolio includes radiation and oncology clinic provider Icon Group, which it acquired in November 2021, in what was the firm’s first infrastructure deal in Australia.
Source: Yahoo Finance
Can’t stop reading? Read more
PAI and ICG strike €3bn Infra Group deal with partial stake sale
PAI and ICG strike €3bn Infra Group deal with partial stake sale PAI Partners has partially exited...
Blackstone snaps up East Miami luxury hotel amid hospitality deal spree
Blackstone snaps up East Miami luxury hotel amid hospitality deal spree Blackstone has purchased...
Bain Capital strikes $3.9bn deal to sell China data centre arm amid AI boom
Bain Capital strikes $3.9bn deal to sell China data centre arm amid AI boom Bain Capital has...