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.
Mergers & Acquisitions
Aveo’s preferred buyer Scape reveals new senior housing business Living Co
Stephen Gaitanos, the Co-Founder, Managing Director and Group CEO of Scape Australia, the country’s leading residential-to-rent owner and operator, has told Mingtiandi’s Singapore Forum that the group will provide accommodation for seniors.
