In a few short weeks Stockland has successfully raised up to $1.98 billion through new stock issues. This gives them the funds to carry through with the acquisition of the Aveo village business from FKP, which has been on the cards since August last year. They have not formally signal their intentions but retain their seat on the FKP board.
$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.