In its Half Yearly report Stockland also states it has perpetual first right of refusal over retirement living assets of FKP [being Aveo] - a most unusual and advantageous position to be in. They own 14.9% of Aveo parent FKP. Their shareholding in Aevum has also been diluted from 13.9% to 10.1% after Aevum merged with IOR utilizing a script issue.
Opinion
These new retirement villages show providing care is here and now
Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...
