Following the close engagement of the state residents association with the Department of Fair Trading in the development of the Standard Form retirement village contract, the NSW Governments Department of Fair Trading has provided a grant of $25,000 per year for three years to the States residents association, RVRA. The grant money is to be spent on peer support, education and advocacy for residents, but not for general administration purposes.
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...
