ING Real Estate Healthcare fund is negotiating a potential merger with Essential Healthcare Trust a deal that would create a fund worth more than $300 million. Miles Wentworth, chief executive at ING Real Estate Healthcare fund, said the merger would enhance its position in the Australian healthcare property sector, providing increased scale.
Legal Issues
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...
