Bis have been rolling in since the start of the month. The Australian Financial Review reported that bidders had about a month to finalise diligence, arrange funding and submit a binding offer for the auction. Halcyon s largest presence in Queensland is on the Sunshine Coast where three of its nine communities are located. Its first facility, Halcyon Parks with 171 homes, was opened in Caloundra in 2004. It also owns B by Halcyon at Buderim and Halcyon Lakeside at Bli Bli. Stockland operates 60 retirement villages with more than 10,000 residents, including two on the Sunshine Coast - Bellcarra and Shine. The $65.9 million deal also included the purchase of Big 4 Townsville Woodlands Holiday Park in North Queensland.
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