Aviiid - Third Age Living

Philosophy and Process

Aviiid focuses solely on managing assets in the senior housing and care sectors. Profitability and returns are derived from carefully selected tangible properties and related operating companies that meet rigorous investment and due diligence criteria.

Cash distributions to investors are realised from the development, sales, leasing, resales, sub-leasing or re-leasing of resident accommodation and community facilities, medical centres, commercial space and retail space as well as from related service revenue.

The Aviiid investment philosophy considers individual allocations of property and operating assets that comprise the right community-specific mix, ensuring the reliable delivery of services that communities want, at the appropriate price point and with the appropriate standard of service.

Selection of property assets

Investors will ultimately be able to make asset allocation decisions across a broad range of complimentary A3L funds with distinct investment guidelines, risk profiles and diversification criteria.

In general, A3L endeavours to construct investment portfolios that offer macroeconomic sector diversification.  Diversification limits apply to the proportion of properties deployed as single or groups of residences, related community facilities, premises and offices for related facilities including medical or ancillary healthcare as well as the delivery of commercial, government or retail services.

Selection of operating companies

Investments in operating companies are considered based on their ability to generate cash and deliver a range of synergies to other portfolio assets including the universal design, planning and development of associated properties; maintenance; management of sales, rentals and hospitality services; wellbeing and aged care services and consumer financing of residential sales, rentals and hospitality services.