Becton demonstrates that sales are on solid rebound

Becton has reported a stellar start to FY10 for sales and re-sales. Stuart Nicolson (Becton’s CEO Retirement Living) says the Sydney market has definitely rebounded - with Becton achieving a total of 34 sales across their 2 villages at Dee Why and Wahroonga over four months. Melbourne also is performing with their new project, Waverley Country Club, also selling selling 20 units, with Becton bringing the next development stage forward - almost a first since a Global Financial Crisis. Becton has a vacancy rate of less than 2%.