Stockland has announced that it now holds a 60.52 % majority stake in Aevum. Stocklands cash offer for Aevum shares has now been extended until 13 October 2010. Stockland Managing Director, Matthew Quinn said the consolidation of the two businesses would almost double the size of Stocklands Retirement Living Business.


RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
