Zig and Peter Inge used just $8.42M of their approx. $630M they receive when they sold their 19 village portfolio to RVG in late 2007 to purchase a 5,200sqm site in Richmond, near the Yarra River. They have now dumped plans to develop it themselves and are selling, seeking $13M, having won building approval for 189 apartments, 19 townhouses and 850sqm of commercial space.


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...
