Archive
Stockland achieves majority stake in Aevum
Sep 30 2010
1 min read
The Weekly Source

Stockland has announced that it now holds a 60.52 % majority stake in Aevum. Stockland’s cash offer for Aevum shares has now been extended until 13 October 2010. Stockland Managing Director, Matthew Quinn said the consolidation of the two businesses would almost double the size of Stockland’s Retirement Living Business.

Latest stories

The Weekly SOURCE

A first: residents petition council wanting an over-55s retirement community

A petition signed by more than 100 people within four days in Bannockburn, 88km southeast of Melbourne’s CBD, demanding a lifestyle village was raised at Golden Plains Shire’s council meeting. “We would like to ask our elected council to encourage...

Ian Horswill
4 hours ago
The Weekly SOURCE

100 apartments sold in six months in $300M rehabilitated and rebuilt village: Aveo Parkside Carindale, QLD

The 10-storey ‘Vista’ building, 14km east of Brisbane’s CBD, opened in November last year with over 50% of apartments selling off the plan. The original 38-year-old retirement village of 107 low set villas is being transformed into a modern...

Ian Horswill
4 hours ago
The Weekly SOURCE

Lifestyle Communities buy land for 740 more homes as home sales fall by 16% as customers struggle to sell their homes

Co-Founder and Managing Director James Kelly said the business had bought three pieces of land named in the $275 million capital raising presentation in February 2024. “Subject to successful completion of due diligence and execution of binding...

Ian Horswill
4 hours ago
The Weekly SOURCE

Residents of Retirement Villages Victoria President Lawrie Robertson completes his 10-year reign

For a decade, Lawrie has been at the helm of Residents of Retirement Villages Victoria, where it has grown its reach and impact, protecting the rights of those living in retirement villages. “Lawrie has been a beacon of inspiration, embodying the...

Ian Horswill
5 hours ago