Thakral Corporation has acquired some 13.4 hectares of prime land in New South Wales, Australia, through its GemLife joint venture for the development of over-50s lifestyle resorts.

This brings the number of resorts under the GemLife portfolio to 10.

GemLife is a 50-50 joint venture with the Puljich family, who has 30 years of award-winning experience, to build and run retirement resorts across Australia.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook