The largest and third largest private village operators are heading towards the courts against each other. Lend Lease Primelife manages 12 Prime Trust villages. Prime Trust claims LLP (through its subsidiaries) has not been complying with its contractual requirements to pay the full rent and net ingoing contributions to Prime Trust. LLP has counterclaim that prime trust has a net debt to LLP.
$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors
The South Australian Not For Profit provider has opened Stage 2 of the redevelopment of Resthaven Bellevue Heights in Mitcham, 7km south of Adelaide’s CBD.