The local developer, the Lucas group, will build a retirement village within its $400M/700 home Greenfield development at Sussex Inlet, 200 KL south of Sydney. They have owned the land for 40 years. This is their first retirement village 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...