The Australian newspaper has reported that investors in Retirement Village Group are disgruntled with Macquaries performance as manager of the group and looking to remove them from the role. Retirement Village Group is an unlisted retirement village (RV) operator and a joint venture between Macquarie Group Ltd and FKP.
http://www.thesourcetoday.com.au/p601_Retirement-Village-Group-looking-to-replace-managers-Macquarie-Group.html


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
