Kingscliff Retirement is proposing additions to its already approved retirement complex on the NSW north coast to help offset costs of contributing over $1m to the upgrade of a stormwater drain. Kingscliff Retirement has requested that they be permitted to increase the number of ILU's to 225 to help offset the cost of their contribution and council planners have recommended approval of the additional units.
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...
