Masonic Homes CEO Doug Strain has announced a growth strategy to achieve Top
20 retirement living operator ranking by 2015. It has just purchased the 233 ILUs in
the Hillsview village at Happy Valley (SA) for $10 million, bringing the number of ILUs
operated by Masonic Homes to 800 with a further 750 in the development pipeline.
Existing village assets are valued at $300 million with a further $300 million currently
in development and construction. The sale of Hillsview was handled by Roger Klem of
Colliers.
The Weekly SOURCE
Aveo should set the sales and valuation benchmark for all For Profit and NFP village operators: $385K per ILU contract
So Aveo built this demand through rebranding, relaunching and very active promotion on vehicles like our villages. com. au