Prime Trust finally succumbed and now has 3 or more receivers raking over its bones while Bill Lewski is believed to be still actively trying to keep his hat in the ownership ring. Lend Lease Primelife is in the box seat to acquire the Prime Trust villages it wants (rumoured to be just 4 or 5 of the 12 it has been managing). Also in its sights are the management rights to Macquarie problem child, Retirement Village group that has been creating heartburn for the original retail investors.
Funding secured for Wesley Mission’s affordable and supported housing project in Canberra
Wesley Mission’s affordable rental and supported housing development in Curtin, Canberra, is officially going ahead after securing funding through the first round of the Australian Government’s $10 billion Housing Australia Future Fund (HAFF)...