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Adrian Rich

Adrian has significant experience advising developers, investors, landlords and tenants on all aspects of property law. He is known for his commercial and pragmatic approach, and has worked on real estate transactions throughout Australia for leading institutional property owners and developers, international investors and companies in the energy and resources, aviation, retail and retirement village sectors.

Adrian effectively and efficiently identifies and resolves issues when transacting in various classes of property assets, and he has developed a reputation for his enthusiasm, work ethic and his ability to get the deal done.

Adrian is regarded as a key advisor to AMP Capital, DEXUS Property Group, The GPT Group, Fortius Funds Management, Coles, Mirvac, Avid Property Group, BHP Billiton and QANTAS. He is also an active member of the Property Council of Australia's Queensland Industrial Property Committee.

$215.5 million acquisition of Freedom Aged Care

MinterEllison's REEP and Corporate M&A teams have been advising longstanding client Aveo Group Limited (Aveo) in relation to its recently announced acquisition of 100% of Freedom Aged Care Pty Ltd (Freedom) for $215.5 million comprising cash, scrip and assumption of debt.

Freedom owns and operates more than 1000 units in 15 retirement communities across Australia, as well as a development pipeline of 533 units. The acquisition is a key component of Aveo's strategy to increase the levels of care and support services to its residents and designed to facilitate Aveo's target of growing its return on retirement assets. It is Aveo's first significant acquisition since adopting its pure retirement play strategy.

The acquisition showcases MinterEllison's capacity to provide market-leading advice on a large-scale, complex transaction across jurisdictions and practice areas in the Heath, Aged Care and Retirement space.