Fresh from buying its first village site in South Australia, Living Choice has bought 6 hectares on the Sunshine Coast for $20 million with the earth already being broken to build 600 approved ILUs. This is on top of their prestigious Twin Waters and Kawana Island villages located just 8 kilometres either side of this new site in Maroochydores CBD, but overlooking water. Living Choice will have just on 900 ILUs across the three villages, all at the top end of the market, and within a 17 kilometre strip. Living Choice is positioned as the largest private operator of villages in Australia.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...