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#REDIRECT [[Allity]]
{{Infobox company |
company_name = Lend Lease Retirement|
company_logo = [[Image:Lend Lease Logo.svg|200px]]|
company_type = [[Strategic Business Unit]]|
foundation = 1992|
location = [[Melbourne]], [[Australia]]|
industry = [[Retirement]]|
homepage = [http://www.retirementbylendlease.com.au/ www.retirementbylendlease.com.au]
}}
'''Lend Lease Retirement''' is part of the [[Lend Lease Group]].<ref>http://www.lendlease.com/en/Group/Lend-Lease/Worldwide/About-Us.aspx</ref>

Lend Lease Retirement constructs, develops, owns and manages retirement villages. Lend Lease Retirement offers pre-sold developments and sells units to prospective residents and manages those facilities for a fee. With over 70 villages, Lend Lease Retirement is the largest developer, owner and operator of retirement villages in Australia and New Zealand. <ref>http://www.pc.gov.au/__data/assets/pdf_file/0004/110929/aged-care-volume1.pdf</ref>

The business also provides "Independent Living Units" and "Independent Living Apartments"<ref>http://www.retirementbylendlease.com.au/village-amenities-and-services/serviced-apartments</ref> to seniors which provides an independent lifestyle to residents while affording a secure location, companionship through the retirement village community and social activities and 24 hour emergency assistance.<ref>http://www.retirementbylendlease.com.au/village-amenities-and-services</ref>


==History==

The business was originally conducted under the '''Primelife''' brand.

On 13 August 2007 the company restructured and changed its name to Babcock and Brown Communities.

In 2010, Babcock and Brown was acquired by Lend Lease, with the business rebranded as ''Lend Lease Primelife''.

In 2011, Lend Lease moved to a single entity platform, with all business units adopting the name ''Lend Lease'' for consistency.

In March 2013 the business divested its aged care homes to Allity, a business owned by Australian Aged Care Partners.<ref>http://blogs.wsj.com/dealjournalaustralia/2013/02/28/archer-capital-buys-lend-leases-aged-care-business/</ref>

{{Lend Lease Group}}

==References==

<references />

[[Category:Companies listed on the Australian Securities Exchange]]
[[Category:Lend Lease Group]]

Latest revision as of 11:38, 5 November 2022

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