The largest and third largest private village operators are heading towards the courts against each other. Lend Lease Primelife manages 12 Prime Trust villages. Prime Trust claims LLP (through its subsidiaries) has not been complying with its contractual requirements to pay the full rent and net ingoing contributions to Prime Trust. LLP has counterclaim that prime trust has a net debt to LLP.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...