QLD: Malaysian healthcare provider buys 51% of Jeta Gardens

Sep 23 2010 Updated July 4, 2023

The Weekly Source

1 min read

Malaysian healthcare provider, KPJ has announced its purchase of 51% of Jeta Gardens in Bethania, Queensland for approximately AUD$45 million. Jeta Gardens is an Asian themed retirement village and aged care complex offering 108 beds, 23 units of retirement villas and 32 units of apartments located on 64 acres of land.

Eureka Group to sell $25M-$30M of its over 55s rental communities

The first sale by the nation’s only pure-play provider of rental communities will be its village in Mount Gambier, the second most populated city in South Australia, 450km from the state capital Adelaide, for $5 million, slightly below the 30 June...

Click here

Great news for retirement village operators planning developments in NSW

The criteria for the NSW Government’s Housing Delivery Authority includes seniors housing specifically as a priority on its delivery. The Housing Delivery Authority (HDA) will lead a new streamlined State Significant Development (SSD) pathway and...

Click here

Ian Horswill

06 Jan 2025

Legal Issues

Residents of Retirement Villages Victoria “bitterly disappointed” with new law being passed

With the Retirement Villages Amendment Bill making its way through the Victorian Parliament, Residents of Retirement Villages Victoria President Helen Betros, pictured at the DCM Instutute’s VILLAGE SUMMIT in November last year, has spoken about the...

Click here

Construction of new aged care home at RFBI Cessnock Masonic Village to start soon

The Not For Profit owner and operator of residential aged care homes, retirement villages and home care in NSW and the ACT has appointed Planix Projects and Hines Constructions to build a modern home for residents in the Hunter Valley city, 154km...

Click here

Ian Horswill

06 Jan 2025

Construction of new aged care home at RFBI Cessnock Masonic Village to start soon

Click here

Great news for retirement village operators planning developments in NSW

Click here

Aveo chosen by NSW Government as partner to turn Manly Hospital site in Sydney into seniors’ housing

First established in 1896, Manly Hospital on Sydney’s Northern Beaches was closed in 2018 following the relocation of services to the 488-bed Northern Beaches Hospital, operated and maintained by Healthscope, at Frenchs Forest, 13km north of...

Click here

Ian Horswill

18 Dec 2024

Topic - Developments

Mergers & Acquisitions

Levande secures $1.5B sustainability linked loan for “future developments”

The leading retirement operator, which is owned by EQT Infrastructure, says it has successfully extended and upsized its loan facilities, securing an AUS$1.5 billion Sustainability-Linked Loan (SLL). It states the financing aligns with Levande’s...

Click here

Ian Horswill

17 Dec 2024