The Pine Lane complex in Tasmanias Huon Valley will provide 28 new two-bedroom units for older Australians. The new units utilise universal design features ensuring they are suitable for tenants with mobility issues. The units also have a six star energy rating, including energy efficient lighting and environmentally friendly hot water systems, making them cost efficient, eco-friendly and sustainable. The Pine Lane development is the second to be completed in Huonville in the last two months with a six-unit complex for older residents recently opened.
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...
