Rumours have it that a property developer is one of a group of incognito investors, all said to be of Greek-Australian background, behind a $25 million seniors village to be built on Crown land in the Northern Territory. The proposed village will be built in two stages and will include 40 low-cost units and a 60-bed aged care home.


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...
