In a brave move Geoff Cox, Managing Director of Crighton Properties (owner of Tea Tree Gardens and The Hermitage in Mid North Coast NSW) issued a letter to the Kiama Independent newspaper stating conflict of interest by the local council concerning his Jamberoo village development. He pointed out:
The council owns an opposition village (Blue Haven)
Blue Haven sales enquiries go through to a council employee
The council General Manager is Blue Havens CEO
The Mayor is Chairman of Blue Haven
Three other councilors are on Blue Havens board
The council borrowed $28 million to expand Blue Haven the month before Crighton lodged its DA
After four years of battling, Cox informed us he has given up on the development.
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...