Despite its shares dropping in value from $3.73 last January to $0.09 today, Becton was able to announce a net operating profit of between $19 million and $22 million for the six months July to December 2008. Its village operations continue to perform generally to expectation. The share price decimation reflects the general property investment market. Sit next story.
Only in SATURDAY: why future proofing villages building to 9C pays
Building retirement villages to Class 9C standards can add up to 10% to the total cost of construction. But for a growing number of operators, the upgrade is no longer optional.