AMP Meridien pulls out all portfolio sale

Dec 17 2009 Updated July 4, 2023

The Weekly Source

1 min read

Brisbane-based AMP Capital Meridian Lifestyle has raised eyebrows by withdrawing its 25 village properties from the market with speculation they were not serious sellers. Rumor has it that only one serious buyer materialized and they struggled to get access to serious started to assess the portfolio.

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...

Click here

Ian Horswill

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

Click here

Caroline Egan

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

Click here

Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

Click here

Ian Horswill

24 Jun 2025

18,650 social and affordable homes funded as 370 homes set for repurpose

The Australian Government’s flagship Housing Australia Future Fund (HAFF) has agreed to fund 9,284 social and 9,366 affordable homes through 279 successful projects under the first two funding rounds of the HAFF and National Housing Accord Facility...

Click here

Ian Horswill

04 Jul 2025

Government Policy

Aged care regulator doesn’t understand retirement living: Daniel Gannon

Peak body the Retirement Living Council (RLC) welcomed the decision of the Department of Health, Disability and Ageing agency last Thursday to cut the proposed the minimum liquidity requirement for refundable retirement deposits for aged care...

Click here

Ian Horswill

04 Jul 2025

Government Policy

Scyne Advisory wins $1.6M Support at Home pricing contract

The Independent Health and Aged Care Pricing Authority (IHACPA) has awarded the $1.6 million contract for the 2025 Support at Home Cost Collection to Scyne Advisory – the consultancy firm spun out of PwC in 2023 and now owned by private equity...

Click here

Caroline Egan

03 Jul 2025

Government Policy

Regulator locks in new liquidity standards for aged care providers

The Aged Care Quality and Safety Commission (ACQSC) has released its consultation report on the draft Financial and Prudential Standards set to come into effect under the new Aged Care Act from 1 November 2025 – and as expected, the core liquidity...

Click here

Lauren Broomham

03 Jul 2025