Prime Trust has reduced its long-term debt from $411 million to $270 million. It has also lifted its sales of the ILU's to 60 in the four months to October, which translates to an annualized rollover rate of 5% [up from 4.5% last year] but a long way from the target of 8%
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...