Perhaps the only person to make a killing out of the Prime Trust debacle is Phil Carter who sold his Morpeth village to Prime Trust for a reputed $10 million above expectation. His plans for Signature Gardens Retirement Resort is for 200 self care villas, an 80 bed care facility and a 20 room assisted living apartment building.
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...