FKP - Lend Lease's ((LLC)) offer for FKP ((FKP)) may have been swiftly dismissed by the take-over target, but the move certainly has sparked a wider interest in ASX-listed operators of retirement villages. Some analysts are talking about a re-rating for the sector as Lend Lease is expected to return with a higher offer for FKP and, in case of no success, likely to try its luck with the likes of Becton ((BEC)) and Aevum ((AVE)). Babcock & Brown Communities ((BBC)) is seen as a less likely target due to its 25 year management agreement with parent Babcock & Brown
FKP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
