Prime Retirement & Aged Care Prop Trust Company Summary |
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Prime Retirement & Aged Care Property Trust (the Trust) is an Australian company that owns retirement villages and aged care facilities. It has a portfolio of more than 4,600 retirement village units and 780 aged care beds in nearly 40 locations. It also has a pipeline of at least a further 1,800 units and beds. The Trust's portfolio is focused on key retirement Resorts in the Queensland and New South Wales coastal areas. The responsible entity of The Prime Retirement & Aged Care Property Trust is Australian Property Custodian Holdings Limited. On August 17, 2007, the Trust established a controlled entity, Lindfield RV Properties Pty Ltd, to undertake the management of the Trust’s interest in the development of the gardens of Lindfield retirement village project. On July 30, 2007, the Trust disposed of Carlyle Commercial Operations Pty Ltd to a third party.
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Key Developments: Prime Retirement & Aged Care Prop Trust
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Australian Market Report of August 14: Mixed Overseas Economic Data AUG 14, 2009 13:00 - Article Views: 8,413 Wall Street finished higher in choppy trade as the upbeat economic data in Europe offset the news of disappointing retail sales in US. Wal-Mart's second-quarter earnings, above analyst's expectations, also helped to lift the market. |
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