After 18 months in the Federal Court Prime Trust won back control of 12 of its villages. The old Village Life (now called Fig Tree) tried to transfer the management rights it had under contract to SCV. Prime had argued that this breached its obligations. The court support of Prime Trust.


Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
