The Doncaster retirement village has had Aveo ejected as its manager by the courts. The village was a joint project between Darnley Homes and Retirement Services Australia (RSA). Darnleys have gone on alone to develop Domaine Mornington. The village had been managed by RSA since 2001 but RSA had on-sold its interest to a Aveo(FKP)/Macquarie Bank consortium without getting prior permission of their co-owners. The court has sanctioned the ejection of RSA/FKP from the village, now branded as Aveo.


RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
