Development

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...

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Ian Horswill

18 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...

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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...

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Ian Horswill

17 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.

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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.

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Lauren Broomham

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.

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Lauren Broomham

16 Dec 2024

Development

Opal HealthCare adds sixth storey to $100M+ care community co-located with Keyton retirement village

Opal HealthCare, Australia’s largest residential aged care operator, has lodged a development application to build the 154-bed Ascot Grove Care Community at the retirement living developer Keyton’s Bernborough Ascot precinct in Brisbane. According to a Keyton...

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Caroline Egan

12 Dec 2024

Development

After Council took 289 days to approve a revision, small Not For Profit commences new aged care home in Sydney’s West

Not For Profit Holy Family Services has begun groundworks on its two-storey, 60-bed Nazareth Building, after revisions to its plans to align it with the National Aged Care Design Principles and Guidelines took Blacktown City Council nearly 10 months to approve.

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Caroline Egan

11 Dec 2024

Development

Apollo Care’s Tenterfield Care in NSW opens 28 new aged care beds

Tenterfield Care’s Haddington Aged Care Community, 670km north of Sydney, opened 28 new aged care beds this week, a development made possible with the investment of Apollo Care, which supports struggling Not For Profit aged care homes in regional Australia.

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Caroline Egan

11 Dec 2024

Development

Work begins on $62.8M public aged care home in regional VIC

Victoria’s Minister for Ageing Ingrid Stitt has announced the commencement of work on a new 30-bed aged care home at Mansfield District Hospital, 180km north east of Melbourne, replacing the ageing Buckland House.

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Caroline Egan

11 Dec 2024

Development

Uniting NSW.ACT Westmead village expands with 153 ILUs in Stage 2

Stage 2 of Park Meadows by Uniting NSW. ACT in Westmead, 27km west of the Sydney CBD, has officially commenced, marked by a sod turning event at the site recently. The new village, set for completion in 2027, includes 153 independent living units, an...

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Chris Baynes

09 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...

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Ian Horswill

09 Dec 2024

Development

Limited advance release for Paul Slijderink’s unique Balinese-inspired Ipswich continuum of care retirement village

32 villas and 14 apartments are now open to expressions of interest for Abadi Gaia retirement village, which will be built in Ipswich, 43km southwest of Brisbane, with construction starting in 2026. “Abadi Gaia will not only deliver the highest...

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Ian Horswill

09 Dec 2024