Another winner this year has to be Aveos Justin Laboo. This time last year he had Stockland prowling for a takeover of the retirement assets [Aveo] from FKP. 12 months later Stockland's share price is in the doldrums and the company has openly stated it is no longer pursuing the expansion of its 15% FKP interest (or its similar interests in Aevum). Meanwhile Aveo has ramped up its sales and its profitability, making it the star in the FKP group.


Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
