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NZ: QPE $100 million buys out AMP to take control of Summerset
Jun 07 2010
1 min read
The Weekly Source

New Zealand’s Overseas Investment Office (OIO) has approved a deal for Australia's QPE Funds Management to buy out AMP Capital Investors' stake in Summerset in a $100 million retirement village deal. Summerset is New Zealand's third-largest largest retirement village developer and the operator behind NZX-listed businesses Ryman Healthcare and Metlifecare. QPE now has full control of Summerset’s management company.

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$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors

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Caroline Egan
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Judge reviews final payout approvals in Newmarch House aged care class action

Last Friday, the NSW Supreme Court’s Justice Peter Garling hears from parties in Shine Lawyers’ class action against Anglicare Sydney over the deaths of residents at Sydney’s Newmarch House in the early days of the pandemic.

Caroline Egan
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Jury considers fate of police officer accused of manslaughter of aged care resident Clare Nowland

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Ian Horswill
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Mirus Australia: 57% not confident about their aged care home’s data handling

Just over half of respondents who attended a webinar hosted by the aged care advisory group disagreed with the statement they have proper applications in place managing their data safety and have no manual processes. The same survey by Mirus...

Caroline Egan
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