Tracey Comley wins Ray Glickmans new book Reality
We are pleased to announce Tracey Comley is the winner of Amana Living CEO Ray Glickmans first novel, Reality. Tracey…
Browsing: Not for Profit
RetireAustralia shareholding up for sale
A substantial investor in Australias largest private village operator, RetireAustralia, is Americas J.P. Morgan Chase bank. The investment is through…
Royal Freemasons (VIC) pay $21.8M for two Monash Council care facilities
Ending seven months of heavy local protest against the sale, Monash Council agreed to sell Monash Gardens and Elizabeth Gardens…
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust…
Adelaide lawyer Alf Macolino moves to OLoughlins Lawyers
Alf Macolino and Rebecca Barr have joined OLoughlins Lawyers from Lynch Meyer, where they led the aged care and property…
FKP/Aveo shaping up to deliver the retirement sector dream the big end of town has jumped back into the village sector and Aveo after five years negative sentiment its share price up 56% in 30 days
FKP CEO Geoff Grady has delivered the bacon. In the 100 days since he was elevated to CEO of FKP…
Stockland starts selling down its stake in Aveo
Last Thursday Stockland commenced selling its 14.3% stake in FKPs Aveo retirement business. Stockland netted approximately $13 million by selling…
Eureka rental village group to invest in property fund
While it is making just $500,000 net profit a year from managing or owning about 30 rental villages, Eureka Group…
Four Corners reveals the underbelly of property trusts with special focus on retirement
Monday nights ABC Four Corners examined three property investment groups that have lost over $1 billion of mum and dad…
Snapshot of losses that a remote 34 bed aged care facility delivers
Cobar is a remote town in western NSW. For 30 years the local Council has been supporting Lillian Bray Village,…