AMP Capital is seeking $150 million and is believed close to securing an Asian investment fund for just under 50% of Australias largest aged care operator, Domain. They want the cash to fund continued expansion of the business.
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...