Prime Trust has reduced its long-term debt from $411 million to $270 million. It has also lifted its sales of the ILU's to 60 in the four months to October, which translates to an annualized rollover rate of 5% [up from 4.5% last year] but a long way from the target of 8%
DIGITAL EDITION
Retirement living’s biggest moves: January to June 2025
A month-by-month breakdown of the key deals, approvals, launches and leadership changes shaping the retirement living and land lease sector in the first half of the year. JANUARY 6 Eureka Group plans $25M-$30M asset recycling of over-55s rental...