Stockland has announced that it now holds a 60.52 % majority stake in Aevum. Stocklands cash offer for Aevum shares has now been extended until 13 October 2010. Stockland Managing Director, Matthew Quinn said the consolidation of the two businesses would almost double the size of Stocklands Retirement Living Business.
$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.