Residential land lease communities, where residents can own their home but lease the land, are appealing to some seniors in Australia due to the preservation of equity and the locations. An interview published in the June issue of Institutional Real Estate Asia Pacific, Christian Keiber, founding partner of Singapore-based Aquilius Investment Partners, and Rob Nichols, managing partner with Australian private equity firm Tasman Capital, explores the nuances of RLLCs compared with Australia’s traditional rental model for senior living.
“RLLCs allow a typical retiree to sell his or her primary residence in a city centre and then move into a lifestyle community located at or nearby a great location, typically close by a beach,” says Keiber. “In that process, retirees free up a substantial amount of home equity they can use for a comfortable retirement.”
“Residential land lease communities are a fundamentally equitable model for everyone,” says Nicho
