Australian Unity has launched a new institutional retirement village property fund. The new fund is a response to increasing demand and growth in the retirement community sector, an Australian Unity spokesperson said. The Australian Unity Retirement Village Property Fund will buy already established retirement villages and returns will be expected to be around 4% of rolling ten-year Australian government bond yields, based on a total investment return after fees.
The Weekly SOURCE
Newly opened Vantage Hervey Bay land lease community will always be special to AVID
Heike and Michael Duggin have made the 1,000-kilometre move from Townsville to Hervey Bay – and into the record books as the first residents of AVID Property Group’s new land lease community, Vantage Hervey Bay. A further 40 residents are expected to move in later this year.