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‘Mum and Dad are out for land lease; big corporates are in’

Over 24 months, Stockland, Mirvac, Avid and Yolk have moved into land lease; will corporatisation kill the family vibe? In the early 2000s, the top end of town fell in love with the retirement village sector, buying up the pioneer family operators and severely damaging the sector’s invested personal engagement along the way. Will it happen again with land lease? Traditionally dominated by...

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