Allens has advised Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, on its investment in Aura Holdings, a Queensland‑based retirement village developer and operator.
Stonepeak's investment, together with a committed development facility provided by senior domestic lenders, provides up to $1 billion of available capital to support Aura's development pipeline and next phase of growth. The investment marks Stonepeak's second platform investment in Australia and New Zealand's retirement village sector.
'This transaction reflects the continued depth of investor appetite for high‑quality Australian living sector platforms with scalable development pipelines,' said lead partner Charles Ashton.
'We are seeing strong demand for long‑term, flexible capital solutions that can support growth in sectors underpinned by structural demographic trends, including retirement living. Global private capital, particularly infrastructure and real assets investors, continue to play a central role in funding the next generation of retirement living developments in Australia.'
Founded in 2016, Aura develops and operates retirement living communities in infill locations across southeast Queensland. The business has completed six retirement villages comprising nearly 800 units, with a further six projects in its near‑term pipeline and more than 10 additional developments in early planning.
