Originally Posted by
ronaldson
3% discount on $30m is $900k, so with transaction costs ARV is probably taking a $1m hit to its operating surplus to make this divestment. Must have thought the opportunity to onsell to a highly regarded operator with the most incentive to purchase was compelling.
Obviously staff will simply transfer in their existing roles. If the figure I cited in #1666 above has continued the ratio to occupiers is high, because of the aged care beds.
On another note, could you possibly build 51 villas and 46 apartments together with all the other infrastructure that's on site for $30m today? Everything is out of whack currently.