The Doncaster retirement village has had Aveo ejected as its manager by the courts. The village was a joint project between Darnley Homes and Retirement Services Australia (RSA). Darnleys have gone on alone to develop Domaine Mornington. The village had been managed by RSA since 2001 but RSA had on-sold its interest to a Aveo(FKP)/Macquarie Bank consortium without getting prior permission of their co-owners. The court has sanctioned the ejection of RSA/FKP from the village, now branded as Aveo.
Opinion
Keyton’s thought leadership in a sea of misunderstanding on what retirement villages are
Why has Keyton for the second year financed a Future of Retirement Living roundtable in Canberra plus a full page in the Australian? They identify two major problems: bureaucrats still don’t understand what retirement villages are and don’t...
