Challenges pre- and post-COVID Village valuations hit

Challenges pre- and post-COVID Village valuations hit

by | Oct 14, 2020 | News

Australia’s largest retirement village operator had its portfolio of 72 villages marked down by valuers by 6% (approximately $84M) in response to COVID. Resales across their 12,858 village homes were up 3.8%, from 842 to 874 units in the 12 months, but this was...