Stockland clarifies it has perpetual first right on Aveo

Feb 18 2010 Updated July 4, 2023

The Weekly Source

1 min read

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.

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...

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Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

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Ian Horswill

08 Sep 2025

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

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Caroline Egan

09 Sep 2025

Opinion

200,000 village residents in assisted living and private aged care within 5 years? Yes

Grant Corderoy tells our private aged care breakfasts that the DMF is likely on the way out and up front membership is the only way to be able to deliver the staff and services this new customer will demand. There will 200,000 of these customers swamping village ‘beds’ in the next 60 months.

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Chris Baynes

08 Sep 2025

Lifestyle Communities takes DMF fight to Court of Appeal

Lifestyle Communities has formally lodged its appeal against a July ruling that found its Deferred Management Fee (DMF) structure breached Victorian residential tenancy laws.

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Ian Horswill

08 Sep 2025

Legal Issues

NSW retirement village operators now required to file annual capital maintenance report

The NSW Government has finalised and published the Retirement Villages Regulation 2025 (NSW), bringing in a number of key changes for operators.

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Ian Horswill

02 Sep 2025

Legal Issues

Heritage Care trial begins over “catastrophic” aged care COVID-19 outbreak

WorkSafe Victoria alleges Heritage Care, now Aeralife Aged Care, the operator of Epping Gardens breached section 26 of the Occupational Health and Safety Act between 13 March and 20 July by failing to ensure the workplace was safe and without risks to health.

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RLC’s Daniel Gannon tells Economic Reform Roundtable: retirement system stuck in the past

Retirement Living Council Executive Director Daniel Gannon has told the Federal Economic Reform Roundtable that Australia’s retirement system is failing to keep pace with demographic and economic realities.

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Ian Horswill

19 Aug 2025