Community Living

Only in SATURDAY: Assisted living comes of age (again) – it can be financially viable

Aug 08 2023 Updated August 8, 2023

Ian Horswill

1 min read

Reports of the death of serviced apartments are premature: assisted living is finding new life as a self-funded model. Find out how, only in SATURDAY, which costs $275 including GST ($25), less than a three-course meal at a restaurant in Melbourne, Sydney and Brisbane. SUBSCRIBE NOW

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

Third.i announces strategic joint venture with Dexus to deliver The Merewether retirement village in Newcastle

The property developer has revealed that it will partner with the Australasian real assets group to deliver the $300 million, 178-unit luxury retirement community at the Merewether Golf Club in Newcastle.

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Lauren Broomham

3 hours ago

Development

Levande tops out Sydney vertical village, marking major milestone in $3B growth plan

The village operator has officially topped out its landmark 28-storey vertical village, The Cambridge, in Epping, NSW, 28km northwest of the Sydney CBD – the tallest retirement living development in the state and a centrepiece in Levande’s $3 billion national expansion strategy.

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ICAM targets expansion to 10-15 villages as Adelaide village undergoes major revamp

The Adelaide investment firm is set to significantly grow its retirement living portfolio over the next few years as the company continues to enhance its existing three retirement villages, such as its latest project at Kings Park Retirement Village in Adelaide.

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800 Forestville RSL members object to redevelopment with retirement village units to replace declining gambling income

With the Board looking to the future of less poker machine income and submitting a new clubhouse and 55 village apartments, a petition with 800 member signatures and counting is being submitted to Council as a DA objection to the $77 million...

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Chris Baynes

8 hours ago