The Catholic diocese of Maitland-Newcastle is putting its aged-care properties on the market, potentially valued at $100million. The huge compensation bill from child sex abuse victims is thought to be behind the sale. The diocese has called for expressions of interest from three Catholic aged care providers to buy and manage facilities.


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...
