The Minister asked how she could work with the village sector, with the emphasis on providing social housing for age pensioners. The government is seeking a much broader range of housing design, including universal design. She identified the Illawarra Retirement Trust village at MacArthur Park as the style of development the government wants to support. The money is there.
Mergers & Acquisitions
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...
