Developer, fund manager and village operator, Perths Aspen Group, has bucked the negative trend of big property revaluations by announcing just a 3.1% negative revaluation over 12 months. They have just completed their Karratha village, valued at $41 million, plus moving into Stage Two of recently acquired Sovereign Gardens in Ballina (NSW). Interestingly Southern Cross Care has engaged Aspen to build its new Sunlander Village at Currambine, a mix of apartments, villas and terraced housing.
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...