FKP, the parent company to Aveo, as announced that after 12 months of negotiation they will establish a joint-venture to enter the Chinese retirement village market. This follows the first purchase of villages in the US in partnership with the Macquarie group.
DIGITAL EDITION
Think big. Think care campuses.
The gnarly problem: the lack of new ageing accommodation infrastructure over 20 years has hit the Baby Boomer demand bubble. Bad outcomes for old people are accelerating. Planning approval hurdles are cited as the root cause. Delay and bureaucratic...