Prime Trust & Lend Lease

Dec 16 2010 Updated July 4, 2023

The Weekly Source

1 min read

Prime Trust finally succumbed and now has 3 or more receivers raking over its bones while Bill Lewski is believed to be still actively trying to keep his hat in the ownership ring. Lend Lease Primelife is in the box seat to acquire the Prime Trust villages it wants (rumoured to be just 4 or 5 of the 12 it has been managing). Also in its sights are the management rights to Macquarie problem child, Retirement Village group that has been creating heartburn for the original retail investors.

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