The Sydney Kennedy family has appointed Macquarie Capital to seek out a buyer for its nine aged care facilities with 785 high care beds plus two retirement villages with 51 units. The price: around $250 million.
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...