Aevum has 1,427 ILU residents and 228 Serviced Apartment residents. Their average ILU occupancy is 7.9 years and average SA occupancy is 3.8 years. Across 54 new ILUs developed and sold over the past 12 months, Aevum claims a development profit of 17%.
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$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors
The South Australian Not For Profit provider has opened Stage 2 of the redevelopment of Resthaven Bellevue Heights in Mitcham, 7km south of Adelaide’s CBD.