Becton's 2011 financial year looks promising with $131m in unconditional sales expected in the first 4 months through retirement and development projects. In their Annual General Meeting (AGM), Michael Chunn, CEO said Becton had "record first time sales and re-sales totalling $76m" in the retirement sector with approximately 13 sales per month and occupancy at around 98%.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
