Bendigo and Adelaide Bank have aggressively put out the message this week that they are keenly pusuing opportunities to provide finance for start-up developments as well as established facilities. Stating that they have been a major player in the village and care sector since 1985 (as well as a previous owner operator of retirement villages throughout Australia), they are looking to capitalise on both the reducing number of sector financiers and the new entrants to the market.
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...