Becton has reported a stellar start to FY10 for sales and re-sales. Stuart Nicolson (Bectons 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%.


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...
