The 640,000 members of the automobile and insurance group, RAC, proved to be very attractive as a captive market for future ILU sales for St.Ives Group. They sold 49.9% to RAC.


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
