Croydon Council sold the land and then gave master plan approval in 2002, but tried to get it back for parkland making life very difficult for Catholic Healthcare who had plans to build 101 aged care units across five buildings on the site. Last week they finally won a 3-2 vote to proceed.


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...
