FKP, the parent company to Aveo, as announced that after 12 months of negotiation they will establish a joint-venture to enter the Chinese retirement village market. This follows the first purchase of villages in the US in partnership with the Macquarie group.
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...