A rare positive planning story. After being knocked back in 2010 by Wollongong Council, Warrigal Care has had its plan for two six storey buildings housing 70 ILUs, supported by both the Council and NSW Planning. This is on top of approval a month ago for a 120 bed care facility on the same site. Located adjacent to a golf course and open beach, all ILUs have ocean views.
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...
