Last year AMP Capital sold out its share of Brisbane based Meridien Retirement Living to a JP Morgan investment fund after a fractious partnership. Meridien has now announced a name change for its 27 village operation, to RetireAustralia.
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...