In its Half Yearly report Stockland also states it has perpetual first right of refusal over retirement living assets of FKP [being Aveo] - a most unusual and advantageous position to be in. They own 14.9% of Aveo parent FKP. Their shareholding in Aevum has also been diluted from 13.9% to 10.1% after Aevum merged with IOR utilizing a script issue.
$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.