Stocklands Retirement division delivers $41M operational profit on 787 sales ave $52,000 per ILU
Cash profit for Stockland increased from $20M to $41M, above forecasts and delivering a 4.25%…
Monthly Archives: August, 2012
Revaluation and possible Aveo demerger from parent FKP
Countering these profitable operations they then wrote down the value of their total retirement portfolio…
Regional NSWs IRT continues to spread its wings investing $75M on the Sunshine Coast
Community based Not For Profit village and care operator IRT has announced its intention to…
Aveo announces 28% drop in operating profit to $33M, plus flat valuations…but there is more
Despite a 46% jump in sales in January to June, compared to July to December…
Catholic Homes gets 70 ILU Hawthorn village approval against council and resident objections
VCAT has approved a three and five storey village development in Elgin Street, Hawthorn. The…
Whistleblower allegations plus ACFI consultant named in ABC Radio and TV reports
Two Dept. Of Health and Ageing nurses have gone to the media claiming extensive rorting…
New QLD Dept of Housing launches rapid review of the Retirement Villages Act
The first state to transfer retirement villages out of the Consumer Affairs portfolio into the…
The Buxton family re-enter the village business
The Melbourne Buxton family has taken back management from Aveo of Rylands of Brighton, a…
New WA laws can ban prospective village operators and force contract compliance
Following the 5 year saga of the Karrinyup Lakes village where extreme bullying of residents…
Ingenia sells noncore rental village wants assets that exceed 20%pa return
The ex ING village operator Ingenia, is selling its 65 ILU rental village located in…