The coroner has criticised a retirement village operator after an 85-year-old resident lay dead in his unit for two weeks before being discovered. The coroner criticised the Ryman village given that the residents lights had been on 24/7 without being checked and that cleaners in the hallways hadnt picked up on the smell of the decomposition. Since the event in 2010, Ryman is experimenting with movement detectors. The resident was known to be fiercely independent including declining Rymans regular health checks. He died of a heart attack.
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...
