Community Living

Good news for our sector and older Australians – quality executives leading advocacy at the right time

Looking forward, the retirement living sector is set for both great times and very dangerous times. Public opinion and demand for our products will be strong, but we will also be susceptible to bad news – and there will be bad news. Regular...

Click here

Chris Baynes

25 Feb 2025

Mergers & Acquisitions

Lendlease hands over $44M to ATO over sale of retirement village business but still disputes wrongdoing and $112M claim

The former No. 1 village operator, which has steadfastly stated it has acted within the law, disclosed in its HY25 financial report a payment to the Australian Tax Office (ATO) over the sale of 25% of its retirement living business to Dutch pension...

Click here

Ian Horswill

24 Feb 2025

Community Living

Embattled Lifestyle Communities appoint CEO and $100M land sale to reduce debt amid poor sales

Henry Ruiz, who left his role as Chief Strategy Officer and CEO REAx (REA Group’s property research site property. com. au), after 15 years at the company in July last year, was announced as the land lease operator’s new CEO at its 1H25 financial...

Click here

Ian Horswill

25 Feb 2025

Retirement and Community Living

Ryman Healthcare seeks NZ$1 billion in new capital to reduce debt with a big ~30% discount

The continuum of care operator, based in Christchurch, New Zealand, has gone into a two-day trading halt on the New Zealand stock exchange. Chief Executive Officer Naomi James, who was recruited last November to try and fix the troubled operator...

Click here

Ian Horswill

24 Feb 2025

Community Living

Stockland’s Halcyon land lease community brand going gangbusters

In the 181 days of the first six months of the year, the diversified property developer’s land lease community brand achieved 248 home settlements (up 60% on 1H24), had 376 contracts on hand and had 273 net sales (up 13% on 2H24) with four...

Click here

Ian Horswill

19 Feb 2025

Sector Moves & People

Aveo CEO Tony Randello re-elected Retirement Living Council President

Tony Randello will lead the peak body for retirement living for another two years after being appointed President at the organisation’s AGM yesterday.

Click here

Ian Horswill

21 Feb 2025

Housing News

Largest BTR announced in Sydney’s inner west where retirement living is few and far between

With financial incentives making it possible Rent to Live Co, a spin-off by the founders of student housing provider Scape, has announced a $1.5 billion Marrickville Timberyards development with almost 1,200 rental units, including 115 affordable...

Click here

Ian Horswill

24 Feb 2025

Sector Moves & People

Another winner? Anglicare Sydney to open Mediterranean-style restaurant in a retirement village

Heirloom restaurant, which will look out to Woolooware Bay, will be built within the Not For Profit’s luxury Woolooware Shores seniors’ living village in Taren Point, 18km south of Sydney’s CBD. With Growthbuilt having almost completed the...

Click here

Ian Horswill

24 Feb 2025

Mergers & Acquisitions

Colliers buy control of Ethos Urban and will rebrand it

The award-winning national urban planning and design advisory firm has sold a controlling interest to the leading diversified professional services company operating in 68 countries. Colliers’ John Kelly, Chief Executive Officer | Asia Pacific...

Click here

Ian Horswill

24 Feb 2025

Community Living

Aspen buys 26ha site in WA and reveals plans as HY25 results show strong growth

The ASX-listed affordable housing group has shown the vociferous demand for its products as it released its HY25 Financial Result on Thursday. Aspen Group’s revenue increased by 20.1% to $50.9 million, and its profit surged by 39.9% to $31.2 million...

Click here

Ian Horswill

21 Feb 2025

Community Living

Ingenia Communities’ profit up 104% with development accelerating

A total of 258 new land lease homes settlements were achieved in the 1H25, up 47% on 1H24, with the average sale price and development margin increasing. Ingenia has 15 active projects in market across NSW, Victoria and Queensland with $90.4 million...

Click here

Ian Horswill

25 Feb 2025

Community Living

Complaints to tribunal against retirement village operators in NSW fall

New government data shows complaints from retirement village residents in New South Wales have plunged over the past 12 months as the statewide resident population increases. The FY23 to FY24 NSW Civil & Administrative Tribunal (NCAT) Annual...

Click here

Ian Horswill

24 Feb 2025

Development

Stockland Halcyon’s latest land lease community given go-ahead after being lodged in late 2022

The diversified property developer, which names 14 land lease communities in development in its 1H25 Annexure, has been granted a material change of use to create another community on 20ha of rural land in Yandina, on the Sunshine Coast. The...

Click here

Ian Horswill

24 Feb 2025