The Queensland arm of the UnitingCare, Blue Care, has achieved development approval for a four-storey, 147 ILU retirement village at Labrador. This project is one of up to 13 major village developments that Blue Care has on the books after its decision to aggressively re-enter the retirement village development market two years ago. Their development book is valued at close to $500 million.


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...
