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.


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
