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Ann-Maree Ruffles brings over 30 years of experience to her new role at the practice, which includes 20 years running her own business designing luxury homes, multi-residential apartments and disability housing.
After more than 10 years losing buckets of cash and several group name changes, Eureka rental villages has struck a big profit making formula, allowing it to capitalise on these (tax) losses.
The country’s third largest retirement village operator, Stockland, has announced it sold over 1,000 homes in the 12 months to June 2015. This included 297 new homes it delivered, the largest of any operator by a factor of about 100%. (Average price $509K, up 23% on FY15).
The private operator has made its first acquisition of the new financial year, adding the Albert Gardens village in Orange to its growing portfolio. In FY15, they bought 13 villages.
Arguably the retirement village sector’s most successful executive in recent years, Tim Russell has quietly launched his new venture – Five Good Friends.
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.