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Since acquiring Aveo in 2019 for an equity value of about A$1.27 billion, Brookfield simplified the platform's customer contracts and invested more than A$500 million across the business.

It has six villages on the Gold Coast - Aveo Southport Gardens, Aveo Robina, Aveo Banora Pt, Tranquillity Gardens, Amity Gardens, and Domain Country Club.

Brookfield’s sale of its Aveo retirement living business for a bullish $3.85bn was a win that the private equity firm needed.

Craig Carracher and Stephen Gaitanos’ Scape will buy Brookfield-owned retirement-living operator Aveo, in a company-transformational deal marking one of Australia’s largest direct real estate ...

Brookfield Asset Management will sell its Australian retirement home operator Aveo to The Living Company for A$3.85 billion ($2.5 billion), the Canadian company said on Thursday.

Brookfield Asset Management BN-T will sell its Australian retirement home operator Aveo to The Living Company for A$3.85-billion (US$2.5-billion), the Canadian company said on Thursday.. Aveo owns ...