As part of the sharemarket cash raising aveo revealed its future projections for its 80 villages, covering 10,200 ILUs. 2008/9 capital growth in value of ILUs sold was 6%, but 5% is predicted to 2009/10. Their estimated discount rate has eased 1% to 12.5% in 2008/9. And they assume the next generation of residents will be older, with an average ILU tenure of just nine years and serviced apartments four years (considerably down from their current valuation model of 11.4 years and 5.4 years respectively).
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...
