Prime Retirement and Aged Care Property Trust
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Prime Retirement and Aged Care Property Trust (ASX: PTN) is a real estate investment trust that invests only in retirement villages and aged care facilities.
Prime Retirement and Aged Care was listed on the exchange August 3, 2007. They have their own newsletter, called Prime Days. The Responsible Entity is Australian Property Custodian Holdings Ltd. Michael Wooldridge is the Chairman.
Prime Retirement and Aged Care Property Trust Portfolio:
Greenleaf Torquay Retirement Resort Torquay; Lilydale Valley Views Retirement Resort Lilydale; Buderim Gardens Retirement Village Buderim; Hibiscus Retirement Resorts Sunshine Coast; Buderim Views Aged Care Buderim; Hibiscus Morayfield Retirement Resort Morayfield; The Gardens on Lindfield Retirement Resort Helensvale; Carlyle Gardens Townsville Retirement Resort Condon; Carlyle Gardens Mackay Mount Pleasant; Argyle Gardens Bundaberg Bundaberg; and Brentwood Village Retirement Resort Kincumber.
Therefore, Prime Retirement and Aged Care Property Trust is an A-REIT prepared to profit from the aging of Australian baby boomers.
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