Anglicare NSW has contracted to sell three aged care facilities near Eden on the far South coast plus two village and care facilities in the ACT to RSL LifeCare. This takes a number of locations RSL LifeCare operates to approximately 20. Anglicare decided to sell when it appreciated it could not afford the necessary refurbishments, including new sprinklers.
Topic - Acquisitions
“Aveo is a fantastic business, run by a fantastic management team”: Scape CEO Stephen Gaitanos backs landmark $3.85B acquisition
Scape Australia CEO Stephen Gaitanos has praised the leadership of retirement living operator Aveo, following its acquisition by The Living Company – Scape’s parent – for $3.85 billion, in what is now the largest direct real estate transaction...