ING Real Estate Healthcare fund is negotiating a potential merger with Essential Healthcare Trust a deal that would create a fund worth more than $300 million. Miles Wentworth, chief executive at ING Real Estate Healthcare fund, said the merger would enhance its position in the Australian healthcare property sector, providing increased scale.
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...