Both Stockland and Mulpha (from Singapore) continue to build their investment FKP/Aveo, with both taking up their allotment of stapled securities this week. Stockland is now at 14.96% and Mulpha at 22.82% voting power. Directors of FKP continue to personally invest as well.
Lowest number of aged care beds on record added in 2024-25
Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.