Walter Elliott and his son Scott, have won the Yamba Lifestyle resort park resort development, Oyster Cove. Purchased from the receiver, Deloittes, this takes their resort parks and retirement villages to 15 in number and follows the purchase of Ted Sents Beachmere Sands from anther receiver last year a development capable of housing 1,200 ILUs. They operate under the Palm Lakes brand.
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...
