Becton salespeople continue to kick big goals, demonstrating potential residents are
more concerned with lifestyle decisions than the financial crisis. Bectons latest statement
to the stock exchange reveals July to September sales at its existing villages were on
average 10 percent higher than book value; their projects in Victoria, Queensland and
New South Wales are all on target. Separately, it has been reported that the company
sold three apartments at Malvern for $1.3 million within two days, each against a
valuation in the mid $900,000s.
Opinion
RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
