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Showing 1 - 10 of 57 results for "Retirement village"

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
Prime Value Asset Management has named former Prime Super chief executive Lachlan Baird as its new finance chief. The boutique fund manager said Baird will be pivotal in refining its investment strategy and building a financial framework that promotes ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
"Higher-for-longer interest rates" are dictating many adviser-client conversations, according to BT, as they gear up to close the financial year. An analysis of 8000 queries from financial advisers fielded by the BT technical services team found that ...

Prime Value launches retirement living fund

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Prime Value Asset Management is launching its second fund that invests in retirement villages targeting sophisticated investors in mid-November. The Prime Value Retirement Living Fund 2 will invest in four properties based in Victoria that have about ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
The $6.7 billion Prime Super has acquired a utilities provider in which Macquarie Group held a stake. Active Utilities provides electricity, gas, and water, as well as end-to-end billing and customer support services. It operates 75,000 utility meters ...

Prime Super, YES Group acquire Savant

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
Prime Super and Yates Electrical Services (YES) Group have bought 100% of Savant Energy Power Networks. The deal will see the delivery of renewable energy solutions to developers and occupiers of apartments, retirement villages, shopping centres and ...

MaxCap Group expands direct investment team

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... where he was a director. Prior to this, he worked for Australian Unity as general manager commercial in their retirement village and residential aged care division. Hulett was delighted by Cook's appointment to MaxCap, saying: "His background and ...

Aware increases stake in Lendlease retirement trust

CHLOE WALKER  |  FRIDAY, 1 APR 2022
Aware Super has agreed to buy an additional 24.9% of the Lendlease Retirement Living Trust for $490 million. The industry fund acquired an initial 25% interest in the entity a year ago for $460 million. Upon completion, Aware Super will hold a 49.9% ...

EQT buys Stockland Retirement Living for $987m

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
The global investment firm's infrastructure business has acquired the community living provider in a deal expected to finalise in the coming months. Under the terms of the agreement, EQT will acquire Stockland's portfolio of 58 established Retirement ...

Australian Unity Property hires from AMP Capital

ANNABELLE DICKSON  |  WEDNESDAY, 29 SEP 2021
Australian Unity's property business has appointed a former AMP Capital senior institutional business development executive as general manager - equity origination. Melissa Hillebrand spent the last eight years at AMP Capital both in London and ...

Australian Unity to acquire aged care facility provider

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
... Woolloongabba. Its portfolio includes a development site in Brisbane's Auchenflower that has development approval for a retirement village and residential aged care precinct. The purchase will also expand Australian Unity's Queensland presence; it currently ...
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