March 30 sees over 50 leading speakers at the Retirement Communities World Conference in Sydney, including Paul Klaassen who founded and still runs Sunrise Seniors Living, operating over 440 villages in the US, Canada, Germany and UK. Given the housing market in each of those countries, he will have an unrivalled insight into the challenges of new sales. See http://www.terrapinn.com/2009/rcw_au/programme.stm for the full program.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
