Just a few weeks into his role as CEO of ING Real Estate Community Living Group (REIT), Simon Owen has negotiated an extension of short-term banking facilities due to expire 22 December, giving him time to finalize the sale of the Meridian and Regency portfolios with the goal of a new three-year facility. Given a 72% debt load, this is an achievement.
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...