Bectons retirement business brought strong results according to their report to the ASX. They reported 199 sales for the year ($50.2 million in new sales and $54.17 million in re-sales) which is an average of 16.5 sales per month. In the previous corresponding period they reported an average of 12.1 sales per month or 121 sales (new sales ad re-sales totalling $57.6 million. First time sales also increase Bectons dwellings under management to 991.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...