Audley back in the black

In the year it was purchased by £158m by the Moorfield Audley Real Estate Fund (MAREF), Audley Court reported a 6.8% increase in revenues on its estate of 12 retirement villages. Turnover for the year ended 31 December 2015 stood at £43.5m compared to a restated figure of £40.7m the previous year. Costs of sales…