On the weekend the Financial review carried a feature titled The Cost of Living to a Ripe Old Age. The opening sub head stated: Retirement homes may look attractive, but behind the glossy brochures are a plethora of complex contracts that can leave pensioners trapped. Unfortunately no operators or the RVA was quoted.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...