The Melbourne Buxton family has taken back management from Aveo of Rylands of Brighton, a 71 prestige apartment village. The Buxtons sold out their other two 5 star villages, Rylands of Hawthorn and Rylands of Kew, to Stockland who are still marketing them separately under the Rylands brand (confusing). Samantha Buxton returns to sales and marketing at Brighton.
Legal Issues
VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
