Aveo Group

Aveo Group is an Australian company, and a leading owner, operator and manager of 94 retirement and aged care communities across Australia. The retirement communities are located in Queensland, New South Wales, SA, Victoria and Tasmania, and as of 2019, Aveo provides senior living choices for over 13,000 residents.

Aveo Group
TypePrivate
IndustryRetirement, Aged Care
Founded1970
Key people
Tony Randello [Chief Executive Officer]
Natalie Patterson [Chief Operating Officer]
ProductsIndependent Living, Assisted Living, Freedom Aged Care, Residential Aged Care and Respite Care.
Number of employees
2450 (April 2020)
Websitewww.aveo.com.au

The head office is located in Sydney, with corporate offices in Brisbane and Melbourne. Aveo is owned by Brookfield Asset Management.[1]

In November 2019 shareholders approved a takeover offer by Brookfield Asset Management Inc.[2] and Aveo is delisted from the ASX.[3]

Brisbane's first integrated retirement living community, Aveo Newstead, won the Nettletontribe Award for Design Award at the 2018 Property Council's Retirement Living Awards.[4]

References
  1. "Aveo acceptr $1.3b Brookfield bid". August 14, 2019.
  2. Bleby, Michael (6 November 2019). "Brookfield takeover of Aveo proceeds to court approval". Australian Financial Review. Retrieved 9 December 2020.
  3. Johanson, Simon (6 November 2019). "Aveo set to exit ASX after investors endorse $1.27b Brookfield bid". The Sydney Morning Herald. Retrieved 9 December 2020.
  4. "National Retirement Living Awards 2018". www.propertycouncil.com.au. 30 November 2018. Retrieved 9 December 2020.
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