Richard Hammond from National Lifestyle Villages delivered a compelling presentation on the
companys sustainable living initiatives that both saved money and engaged residents.
Passive solar design: creating a 50% energy reduction
Saving water: 66% reduction
Waste management: 80% reduction
Initiatives included worm farms, a village paper mill, fruit trees as landscaping, an organic
farm with a mandated $10 sale of fruit & vegetables to every resident each week (guaranteed
$3,000 p.w. cash flow), and grants for PhD students to use villages as test sites.
Mergers & Acquisitions
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...
