c8b222d8acd02aa8e3ba81409ed98397
Log in
Menu
Log in
Search
Subscribe today
© 2024 The Weekly SOURCE

Community Living
Out of the Ordinary

ABC 7.30 attack on Lifestyle Communities sees 64 cancellations and no new sales

It was in July when the show ABC 7.30 reported on Lifestyle Wollert resident Geoff Gauci, who described his investment in the land lease community as “a financial prison”. Lifestyle Communities shares immediately shed 7.8% from $12.57 to $11.59...

Click here

Ian Horswill
18 Nov 2024
Opinion

These sector CEOs provide a masterclass in professional development and generosity

It was fascinating last week to learn the extent leaders in our sector have invested in their own education. We were in Adelaide and then Perth at the DCM Institute VILLAGE SUMMITS. In each city two leaders gave their time to share their definition...

Click here

Chris Baynes
18 Nov 2024
Mergers & Acquisitions

Adrian Puljich not slowing down as family pay $30M for 27.99ha site in Logan, QLD

The land lease community operator, which is currently developing seven existing over 50s lifestyle resorts and will potentially launch six new resorts across GemLife, Living Gems and Aliria early next year, is the buyer of the site in Heritage Park...

Click here

Ian Horswill
18 Nov 2024
Sector Moves & People

RetireAustralia CEO Brett Robinson elected rugby union’s most powerful person

Brett is the first person elected Chair of the international federation from the Southern Hemisphere. He described his appointment as “a great privilege and an honour”, before stressing that “work starts today, now”. “There are a list of...

Click here

Ian Horswill
18 Nov 2024
Legal Issues

WA’s new Retirement Villages Act significantly increases operator’s risk of being personally criminally liable: lawyers

The Weekly SOURCE reported in last Tuesday’s newsletter, the WA Government had passed the Retirement Villages Act 1992 (WA) 2024 which had been more than a decade in the making. These changes, when read with the subject matter of the foreshadowed...

Click here

Ian Horswill
18 Nov 2024
News & Issues

StewartBrown Partner Stuart Hutcheon to address ACCPA about Retirement Living Performance Report

The highly impressive initial response by the sector to the news the widely respected aged https://www. linkedin. com/in/david-gallery-9a887b13/care benchmarking accountant is providing an independent survey and report for the advocacy of the...

Click here

Ian Horswill
18 Nov 2024
Development

First residents to move into what will be Ingenia Lifestyle and Australia’s biggest land lease community

Archer’s Run in Morisset, 111km north-northeast of Sydney’s CBD, will have more than 600 homes on completion. Ingenia Communities CEO John Carfi opened Archer’s Run’s state-of-the-art Vision Centre, showcasing the brand new residential land lease...

Click here

Ian Horswill
18 Nov 2024
Mergers & Acquisitions

Foreign Investment Review Board clears Stockland’s purchase of Lendlease’s masterplanned communities with nine land lease sites

The Lendlease deal, according to Stockland CEO - Development, Andrew Whitson, includes up to nine future land lease communities totalling 2,500 home sites. The purchase was announced in December 2023 when Lendlease told the ASX that it had entered...

Click here

Ian Horswill
18 Nov 2024
Mergers & Acquisitions

Lincoln Place announce 22nd over 50s land lease community

The 209 proposed two- and three-bedroom homes in Eagle Point Lifestyle Estate will be the operator’s first in Victoria’s Gippsland Lakes region. Located between the towns of Bairnsdale and Paynesville, the community will have northeasterly water...

Click here

Ian Horswill
18 Nov 2024
Government Policy

Funding boosted for manufactured home development: NSW LLLIA

NSW Land Lease Living Association (LLLIA), which is part of the Caravan & Camping Industry Association NSW, said the announcement of the National Productivity Fund by Federal Treasurer Jim Chalmers will boost the burgeoning sector. States and...

Click here

Ian Horswill
18 Nov 2024
Community Living

In the new SATURDAY issue: Small land lease operator aims big

Allam Property Group is relying on its 30-plus years of experience as an end-to-end developer to expand its land lease footprint with two new communities due for approval next year and at least three more acquisitions in their pipeline. Founded in...

Click here

Lauren Broomham
18 Nov 2024
Out of the Ordinary

$5.4M penthouse apartment for sale in retirement village in Auckland’s wealthiest suburb

The construction site (left) is where Abbott Residences is rising beside Nathan Residences (right). This is The Foundation, a retirement village being built in Parnell, Auckland, one of New Zealand’s most affluent suburbs. The asking price for...

Click here

Ian Horswill
18 Nov 2024
Living with Dementia

Group Homes Australia can provide specialised dementia care and support to retirement village residents

Group Homes Australia, which operates 22 specialist dementia homes in Sydney, can partner with retirement village operators to provide short-term accommodation, support and education for their own residents living with dementia. Group Homes...

Click here

Caroline Egan
19 Nov 2024
Load more
Log in