Marcus Willison of Ernst & Young (again) predicted that over the next five years the sector will consolidate rapidly, leaving just three major private operators and one Not For Profit operator that will dominate the sector. He didnt offer who they are likely to be.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...