Becton salespeople continue to kick big goals, demonstrating potential residents are
more concerned with lifestyle decisions than the financial crisis. Bectons latest statement
to the stock exchange reveals July to September sales at its existing villages were on
average 10 percent higher than book value; their projects in Victoria, Queensland and
New South Wales are all on target. Separately, it has been reported that the company
sold three apartments at Malvern for $1.3 million within two days, each against a
valuation in the mid $900,000s.
Retirement and Community Living
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...
