It turns out the real winner in the sale of three villages in the Prime Trust receivership is Macquarie Bank.
In 2013 it purchased the Carlyle and Argyle Gardens villages in Townsville, Bundaberg and Mackay, with 1142 units, from the bank holding the debt Suncorp at 60 cents in the dollar. Three years later they have just sold them to Blue Care for $80M.
Graph: Macquarie is already on track for a record profit this year.
