The Australian newspaper has reported that investors in Retirement Village Group are disgruntled with Macquaries performance as manager of the group and looking to remove them from the role. Retirement Village Group is an unlisted retirement village (RV) operator and a joint venture between Macquarie Group Ltd and FKP.
http://www.thesourcetoday.com.au/p601_Retirement-Village-Group-looking-to-replace-managers-Macquarie-Group.html
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...