User Profile

Ian
Horswill

Calvary Health Care turns retirement village into its first rental village

The Catholic provider’s Sydney Williams retirement village in Doncaster East, 20km east of Melbourne’s CBD, will operate as a seniors’ rental site due to community need as cost-of-living pressures impact seniors. The...

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Ian Horswill

7 hours ago

Development

There is no DA yet but Aliria’s next land lease community revealed with rentals added

Adrian Puljich has revealed the location for the first two boutique land lease communities for his own personal land lease brand. JRT Group began the building of Aliria on Dean in Berserker, about 6km northeast of Rockhampton’s CBD., in December...

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Ian Horswill

28 Jan 2025

Government Policy

Regulatory changes, including Asset Management Plans, for retirement village operators in NSW

Major changes to the mandatory Asset Management Plan, the bane of life for all village managers, are planned by the NSW Government. Fair Trading wants stakeholders to have a say on the proposed changes. “The updates aim to improve transparency for...

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Ian Horswill

28 Jan 2025

Mergers & Acquisitions

Student accommodation operator Scape Australia reportedly keen to buy Aveo’s retirement villages for $3.5bn

The Financial Review, quoting sources, claims four companies want to buy the leading retirement village operator owned by Brookfield, stating the leading student accommodation developer Scape is through to the second round of the possible $3.5...

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Ian Horswill

28 Jan 2025

Out of the Ordinary

$1.7M for a manufactured home with the suburb’s median price $868k - is the $10.5M clubhouse a winning factor?

Operators are continually improving its high-end amenities, NSW Land Lease Living Industry Association CEO, Lyndel Gray says. “Developers are raising the bar with resort-style facilities to meet the desires of discerning home buyers who want...

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Ian Horswill

27 Jan 2025

Out of the Ordinary

RFBI planning two new retirement villages as it reinvests $6.9M surplus

The Not For Profit is a success story increasing its workforce by 5% in the past year, with 75 workers brought in from overseas, and its annual report revealing it has turned a deficit into a profit. RFBI has a turnover of $226 million, with revenue...

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Ian Horswill

27 Jan 2025

Community Living

Elka Capital and Assembly Funds Management land lease community brand revealed: Springtree

It was in October last year, The Weekly SOURCE reported the new entrants to the senior’ land lease community sector had bought two sites in Victoria. Now it can be revealed the brand created by Elka Capital, the creation of David Laing and Tom...

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Ian Horswill

27 Jan 2025

Mergers & Acquisitions

AustralianSuper increases its stake in Lifestyle Communities’ land lease business. Good business or sensing a takeover?

The Victorian-based land lease company, which was derided by the ABC as a financial prison in July last week and suffered badly as a result, has seen the leading superannuation company increase its voting stake from 15.80% to 16.94%. AustralianSuper...

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Ian Horswill

27 Jan 2025

Sector Moves & People

Eureka’s Chief Financial Officer and Joint Company Secretary resigns

In a statement to the ASX on Friday, the only pure-play seniors’ rental village operator announced Laura Fanning had left the business ”to pursue new opportunities”. Laura will remain the role she has held for six-and-a-half years until late...

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Ian Horswill

27 Jan 2025

Community Living

Global senior living market to grow by $211B in 5 years

London UK-based market researchers Technavio estimates the global senior living market size is estimated to grow by AUD$211 billion from 2025-2029. The market is estimated to grow at a Compound Annual Growth Rate of 5.8%. “Ageing baby boomer...

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Ian Horswill

27 Jan 2025

Technology

Lifestyle SA Managing Director Stephen Norris invests $2.5M in technology solutions business Talius

Stephen, who is also part owner of Lifestyle SA’s 11 retirement villages in South Australia, said of his strategic investment: “The Aged Care Sector is at a critical juncture and the only path to drive better outcomes for the end client is vi...

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Ian Horswill

27 Jan 2025

Government Policy

$5.2M over three years for pilot program for Retirement Living Council’s Shared Care concept

The concept, the brainchild of Cameron Holland, the former CEO of Ryman Healthcare Australia, is likely to happen. Treasurer Jim Chalmers announced last month $5.2 million over three years from FY26 to initiate a pilot program that will “allow...

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Ian Horswill

27 Jan 2025

Mergers & Acquisitions

Central Element now plan $250M luxurious CAPs development for seniors just 7km from Sydney CBD

The development company has bought a neighbouring block on the Pacific Highway at Greenwich and its new development application to Lane Cove Council reveals plans for two mixed-used Community Apartment Project (CAP) buildings for seniors, with...

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Ian Horswill

27 Jan 2025