Freedom Lifestyle Villages is pleased to announce a strategic investment from Assetz ANZ, a member of the AGP Sustainable Real Assets group.
The strategic investment from Assetz ANZ marks a significant step forward in Freedom’s mission to provide affordable, equitable homes for older New Zealanders. In partnership with Assetz ANZ, Freedom plans to expand its footprint across New Zealand, leveraging Assetz ANZ’s expertise in sustainable infrastructure and capital management to further enhance the quality and reach of its villages.
Freedom Lifestyle Villages started ten years ago and is now home to more than 1,000 residents in five villages across New Zealand, including Papamoa, Matamata, Cambridge, Rotorua and Ravenswood (near Christchurch).
Freedom Lifestyle Villages enjoys strong demand from people wanting to downsize and free up cash to live and enjoy the Freedom lifestyle. Freedom is distinct in that it offers 50-plus New Zealanders homes starting from $345,000. Importantly, owners share in capital gains when they decide to sell their home.
Freedom Lifestyle Villages’ purpose-driven approach to retirement aligns seamlessly with Assetz NZ’s values, making this strategic investment a natural fit. The investment underpins the growth of sustainable, community-driven lifestyle villages across New Zealand, empowering more Kiwis to retain their financial independence while enjoying vibrant, purpose-built communities.
"We’re thrilled to have Assetz ANZ on board. We believe this strategic investment will strengthen equity in the retirement sector, and support Freedom’s growth, helping address housing shortages while meeting the needs of older New Zealanders,” said Bill McDonald, Chair and Acting Chief executive at Freedom Lifestyle Villages.
"Assetz ANZ is very excited about our partnership with Freedom, and the opportunity to contribute to the development of affordable, high-quality housing in New Zealand,” said Adrian Banks, Partner, Assetz ANZ.
“With Assetz ANZ’s backing, Freedom is well-positioned to both grow, and improve the experiences of our residents by creating vibrant, connected and secure communities that support their wellbeing.”
“This partnership will allow us to continue redefining retirement in New Zealand, creating spaces where residents can thrive and maintain their financial independence,” added McDonald.
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