Chip Goodyear retired as CEO of BHP just over 12 months ago. Now he has been appointed CEO of Temasek, the $207 billion Singapore Governments sovereign investment fund. Temasek is also reportedly one of the two Asian investors keen to buy Australian village and aged care properties at the bottom of the market. Given he lived in Melbourne for five years, he will have a comfort for making significant investments here that others would not. Being a form of superannuation fund, Temasek has the ability to be long term investor.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...