NSW operator Aevum expands further into WA

Aug 09 2007 Updated July 4, 2023

The Weekly Source

1 min read

The old Hibernian Society of Sydney, now called Aevum, has acquired two villages in Perth from the Multiple Sclerosis Society, being River Parks and River Pines, both located in Wilson. This takes to 4 the number of villages purchased in 3 months. Aevum now has 20 villages, predominantly in NSW.

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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...

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Chris Baynes

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Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Aged Care

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Ian Horswill

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Land lease operator GemLife’s IPO to surpass Virgin Australia, with 3 July listing confirmed

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Caroline Egan

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Funding

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The ASX-listed affordable accommodation provider – known for owning all its properties and projects – announced a Security Purchase Plan (SPP) on Wednesday (28 May), offering existing investors the opportunity to acquire up to $30,000 in Aspen securities without incurring broker fees, commissions, or other transaction costs.

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