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
Only in SATURDAY: why future proofing villages building to 9C pays
Building retirement villages to Class 9C standards can add up to 10% to the total cost of construction. But for a growing number of operators, the upgrade is no longer optional.