GIC, Tasman Capital acquire Navis-backed National Lifestyle Villages

May 24, 2018

Singapore’s sovereign wealth fund GIC and Australia’s Tasman Capital Partners have agreed to buy the assets of Australian retirement village developer National Lifestyle Villages (NLV), the Australian media reported citing an official announcement.

The deal will see NLV backers Malaysian private equity group Navis Capital and global investor Blackstone exit their investments in the Perth-based company.

The financial terms of the buyout were not disclosed.   Read more ...


Source: Deal Street Asia