TAS: Southern Cross Care has been selected to build a $32m 60 bed aged care facility, 76 ILU's and a community centre. The new aged care facility and retirement village will be built on a portion of land that was formerly Rosny golf course. Stage one of the project is due to be completed early 2011. A second stage development proposal for the site is expected to be considered in February 2011.


Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
