Becton salespeople continue to kick big goals, demonstrating potential residents are
more concerned with lifestyle decisions than the financial crisis. Bectons latest statement
to the stock exchange reveals July to September sales at its existing villages were on
average 10 percent higher than book value; their projects in Victoria, Queensland and
New South Wales are all on target. Separately, it has been reported that the company
sold three apartments at Malvern for $1.3 million within two days, each against a
valuation in the mid $900,000s.
Retirement living for the “well-heeled”: Residents begin to move into Retirement by Moran’s second venture: Sage in Cronulla
Shane Moran, the Founder and Chief Executive of Retirement by Moran, concedes admission to his residences is “not inexpensive”. Sage is an eight-storey development of 37 two- and three-bedroom apartments. The art-deco- meets-coastal-chic...