It was always about much more than a record-breaking stack of cash put on the table.

And now the ink has dried on the largest direct real estate transaction in Australia’s history, the strategy behind the deal is being put into play.

Brookfield’s $3.85-billion divestment of retirement living provider Aveo to The Living Co—the newly created parent company of student housing giant Scape—has brought to life a multi-platform development ecosystem.