The Aspen Group has announced a FY10 profit after tax of $33.6 million, only slightly up from last year. Aspen was one of the few achievers last financial year, posting a profit of $33.2 million in FY09. Aspen Living currently manage five residential land estates in Australia and plan to create over 6000 home sites and build land assets to over a $1 billion.
Mergers & Acquisitions
Estia Health buys two of Mark and Evette Moran’s three aged care homes
Bain-capital owned Estia Health is continuing its acquisition campaign with the announcement it is purchasing two aged care homes from Mark Moran Group, homes at Little Bay and Warrawee in Sydney, NSW.
