Community Living

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

Opinion

Will 2025 be the year the village sector realises it is no longer independent living?

Victoria has just released its new retirement village regulations, including for the first time acknowledgement of home care as a village service – operators beware.

Click here

Chris Baynes

16 Dec 2024

Community Living

2024 Year in Review: Community Living

The Weekly SOURCE looks back at the past 12 months in the community living sector. With its momentum hampered by high interest rates, the retirement living sector in October came under attack from the ABC, aided and abetted by Centre Alliance...

Click here

Ian Horswill

16 Dec 2024

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

Sector Moves & People

The man who stalled Aspen’s takeover of Eureka wants to buy back their shares to emerge as Eureka’s biggest shareholder

A General Meeting is being held on Friday, 20 December, to decide if Ben and Blake Cottle’s investment entity Fileton can buy the shares. It will mean he and his associates have increased their voting power in Eureka from approximately 22.2% to...

Click here

Ian Horswill

17 Dec 2024

Government Policy

RLC facts win the day in ABC 7.30 driven Council of Australian Governments’ (COAG) review of retirement villages

Last Wednesday (10 December), the meeting of COAG was swayed that the States should stay responsible for retirement villages and new Federal regulations were not required.

Click here

Chris Baynes

16 Dec 2024

Development

GemLife launches its second $250M Toowoomba community – complete with $12.5M Country Club and Summer House

After recording more than $172 million in sales for its first land lease community in the southern Queensland city, 90 minutes west of Brisbane, GemLife Director and CEO Adrian Puljich is taking the operator back for a second bite of the cherry.

Click here

Lauren Broomham

16 Dec 2024

Development

Stockland Halcyon notches up 24 land lease communities, unveils its latest 212-home LLC on the Sunshine Coast

The prolific property developer has launched its newest land lease community, Halcyon Dales, guaranteeing new residents a nine-month build.

Click here

Lauren Broomham

16 Dec 2024

Community Living

Stage two of Keyton’s Bernborough Ascot retirement village in Brisbane nears completion

The second stage of Australia’s first vertical retirement community built within a racecourse precinct; Poinciana House is now set to open early next year with over 60% of its 53 independent living apartments already sold.

Click here

Lauren Broomham

16 Dec 2024

Retirement and Community Living

90% of residents understand village value proposition: Retirement Village Residents Association survey

The early results of a survey of over 4,000 village residents across the country by the Retirement Village Residents Associations has indicated that the majority understood the terms and conditions of the contract they had signed and were satisfied...

Click here

Group Editor

10 Dec 2024

Technology

Person Centred Software announces partnership with KPMG’s home care software platform

Technology provider Person Centred Software Australia, which offers software for residential aged care and retirement living operators, has announced a new strategic relationship with KPMG Australia’s Community Care platform, which extends its digital offerings to home care.

Click here

Every village and RAC will need high speed, reliable connectivity to support virtual health and customer expectations

With more older Australians ageing in place at home – and aged care facing continued workforce shortages – high-speed Internet and private 5G networks are essential. Village and aged care operators will need to meet virtual home care, staffing...

Click here

Lauren Broomham

06 Dec 2024

Development

SA Government proposes four to six-storey retirement villages targeting single occupants

“The aim of the Accommodation Diversity Code Amendment is to increase the number of well-designed, diverse, and affordable housing supply options across the entire state, to respond to these population projections and growth in single person...

Click here

Ian Horswill

09 Dec 2024