SA’s largest retirement village operator, Evergreen Lifestyle Investments, which is owned by financial services group PSG and property developer Amdec, plans to grow its national business 10-fold to R30bn in the next 10 years.  

Evergreen Lifestyle was formed after the 2008-2009 economic crisis when its initial investors saw a need for serviced retirement living in SA. PSG and Amdec own 50% each in Evergreen.

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