Privately owned Arcare has just opened its 21st care facility in Maroochydore on the Sunshine Coast, its ninth in SE QLD. The 90 resident complex features a gift shop, cafe, theatre, hair salon, pool room, games rooms and private dining facilities. They are planning a further opening at Craigieburn in Melbourne.
Mergers & Acquisitions
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...
