Across Australia village operators are reporting a rebound in sales in March, with several reporting they have matched the March monthly target set in budgets July last year. Stockland revealed to institutional investors that its average monthly sale in its Retirement Village division was 29 ILUs for the July to December quarter, jumping to 36 ILUs per month in the January to March 09 quarter.


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...
