Colys Holdings failed Twin Shores development in the Illawarra has been placed on the market. The land was bought in July 2003 for $1.32 million and Colys had planned to build 80 seniors living units but in September 2008 ceased trading.


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
