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Showing 51 - 60 of 61 results for "Retirement village"

MFS retires from village portfolio

CHRIS NICHOLLS  |  MONDAY, 30 APR 2007
MFS Diversified today announced the sale of its retirement village portfolio and shares in Village Life as part of its rationalisation of non-core operations. The sale follows a deal with SCV Group to manage its retirement village portfolio in a 25 ...

Meridien and AMP Capital Investors form $1bn team

CHRIS NICHOLLS  |  MONDAY, 2 APR 2007
... for more than $1 billion in retirement assets, including 19 retirement villages, making it the second largest retirement village operator in Australia. Meridien has acquired a national portfolio of property assets and business operations over the last ...

Sovereign MF building up its aged care portfolio

HAMISH MADDEN  |  FRIDAY, 15 DEC 2006
... sector's historical income volatility is quite low as compared against other property sectors, for example the retirement village sector has income volatility almost double that of the aged care sector. In addition we believe this fund offers further ...

Aust Unity integrates and posts solid profit growth

... funds under management to $3.6 billion, an increase of almost a third, the launch of new products such as the Retirement Village Investment Notes and property investment portfolios now totaling $755 million. Group managing director Rohan Mead said that ...

Aust Unity to expand retirement villages arm

... launched a fixed income product designed for retirees and will use the funds raised to expand the company's retirement village operations. The group has announced it will issue Retirement Village Investment Notes, a fixed income instrument where investors ...

ASIC shuts down property investment companies

... raised just over $5 million between March 2003 and March 2004 to fund the purchase of land and construction of a retirement village in Berwick, Victoria, during an its investigation into the two organisations. Investors had allocated money to the companies ...

Primelife's settlement with ASIC comes at a high price

ASIC has reached a settlement with Primelife with regards to 20 allegedly unregistered management investment schemes including a payment of up to $600,000 to meet ASIC's legal costs and up to $1 million to cover independent accountant reports. In September ...

Federal Court makes orders in relation to Primelife Investment schemes

Following orders by the Australian Securities and Investments Commission, the Federal Court in Melbourne has made orders to appoint an investigative accountant to review the affairs of 37 investment schemes connected with Primelife Corporation Limited ...

FKP announces completion of $47 million institutional placement

AAP  |  THURSDAY, 25 MAR 2004
... million. The new equity raised will be used to lower gearing following the acquisitions of an 85% stake in listed retirement village operator Forest Place Group Ltd and the $41 million seed asset for FKP's second unlisted property fund - an office building ...

IOOF managing director to step down in June 2004

IOOF Group chairman Ray Schoer has announced the Board has decided against renewing the five-year employment contract of Group managing director Robert Turner, after it expires in June 2004. Mr Shoer said Mr Turner had undertaken the task of steering ...