Geoff Cox, the MD of Crighton Properties, has announced in Bathurst that he hopes to finalise an agreement with local equity investors to join in his 215 ILU village plus aged care development that has been stalled for 4 years since the GFC, because of funding difficulty. The initiative is being led by a local solicitor and accountant.
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...