Australian Unity has launched a new institutional retirement village property fund. The new fund is a response to increasing demand and growth in the retirement community sector, an Australian Unity spokesperson said. The Australian Unity Retirement Village Property Fund will buy already established retirement villages and returns will be expected to be around 4% of rolling ten-year Australian government bond yields, based on a total investment return after fees.
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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...
