M&G Real Estate has entered into Australia’s senior living sector through a partnership with Stockland. With a decade’s experience of investing in Asia Pacific residential properties, this is M&G’s first investment on behalf of its Asia Pacific Living Strategy into senior living in the region, reflecting growing institutional interest in the sector as people seek purpose-built homes suited to their lifestyles in retirement.
As people live longer and healthier lives, it is reshaping retirement housing needs, with many seeking homes that support independent living while enjoying shared amenities within a connected community. In Australia, land lease communities are becoming popular by offering professionally managed, master-planned neighborhoods where people own their home and rent the site it sits on.
Through this partnership with Stockland, M&G is investing in two purpose-built communities in Melbourne’s southeastern growth corridor: Halcyon Jardin
