Living Choice has had approval granted for a 189 unit retirement village in the Adelaide suburb of Fullarton. The Julia Farr building is being demolished to make way for Living Choices new village which will also offer residents 24-hour on-site care, emergency response buttons and medical rooms for visiting practitioners. Living Choice is hoping to get construction underway within 12 months.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
