Buying

Stockland to build new villages in two new Melbourne townships

Jan 19 2015 Updated May 3, 2023

The Weekly Source

1 min read

Stockland will include a retirement village in its 30 year township development called Cloverton, 35km north of Melbourne (now known as Kalkallo). It will be 11,000 homes across 1,141 hectares.

They have also acquired 65 hectares at Clyde North, west of Cranbourne, with plans for 800 homes over six years. It too will have new retirement village

Scape moving to acquire Aveo is good news – here is why

It was revealed in the Financial Review this week that Australian student accommodation giant Scape is now the exclusive bidder to buy Aveo, for an indicated $3.5B. They will bring fresh thinking to the retirement village sector. Take a step back...

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Chris Baynes

15 Apr 2025

Mergers & Acquisitions

Scape reportedly in exclusive talks to buy retirement village operator Aveo

The student accommodation provider, working with Macquarie Capital and Deutsche Bank on due diligence, is likely to call on the two banks and Scape’s capital partners to buy the $3 billion plus business owned by Brookfield. Brookfield put Aveo up...

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Ian Horswill

15 Apr 2025

Opinion

Damned if you do, damned if you don’t: aged care on a collision course with care minutes

With just 12 months until care minutes are linked with funding, residential aged care providers are facing a lose-lose scenario: lose funding if they understaff but fail to be compensated if they exceed targets, says Shalain Singh, Managing Director and CEO of Arrow Advisory Group.

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Lauren Broomham

17 Apr 2025

Mergers & Acquisitions

Exclusive: Levande buys four new sites for retirement villages

Levande adds four new sites to its $2B growth plan, including major developments in Sydney, Melbourne, and Geelong.

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Ian Horswill

22 Apr 2025

Is Trump the golden ticket for aged care?

Hear me out – here’s the thinking. Unless you’ve been living under a rock, you’ve probably seen the headlines: US President Donald Trump’s sweeping new tariffs on imports have rattled global financial markets – Australia included.

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Five years on, the COVID-19 virus is still in 104 aged care homes

Five years after the World Health Organisation declared COVID-19 a pandemic in 2020, its impact is still being felt in residential aged care.

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Cyclone Alfred landfall now forecast later than previously expected

As more than 1,000 retirement villages, land lease communities and residential aged care homes work tirelessly to prepare for Tropical Cyclone Alfred to make landfall, the Bureau of Meteorology has updated its forecasts for the Category 2 cyclone, now predicting it will reach Moreton Island by 7pm Friday and Brisbane at 7am Saturday, later than previously predicted.

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Stewart Johnston whose advocacy helped spark the Aged Care Royal Commission jailed

Stewart Johnston was sentenced in the Elizabeth Magistrates Court in Elizabeth, 24km north of Adelaide city centre, last Thursday (27 February), after pleading guilty to a charge of possessing child exploitation material.

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Caroline Egan

06 Mar 2025