International

Estia’s departing CEO Norah Barlow to lead NZ’s Heritage Lifecare

Sep 25 2018 Updated May 3, 2023

The Weekly Source

1 min read

Two months after handing in her resignation as CEO of Estia, Norah Barlow is revealed as the new CEO of NZ’s Heritage Lifecare, which operates 30 nursing homes with 2,204 residents.

Regarded as one of New Zealand’s leading businesswomen, she has been tapped on the shoulder by Australian private equity firm Adamantum Capital, who purchased Heritage earlier this year.

In just six weeks as Eureka CEO Simon Owen wants to raise $70M to buy seven retirement communities

The man, who transformed two small village operators into the then $1.65 billion ASX-listed Ingenia Communities, is setting a cracking pace in his new role in charge of Australia’s only pure-play seniors rental business. “I’m excited to announce...

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Ian Horswill

25 Oct 2024

Sector Moves/People

Robotics pioneer Lee Martin, CEO of Lutheran Homes Barossa, SA, forced to step down

Lee had been CEO of the Not For Profit operator of three residential aged car homes and two retirement villages in South Australia’s Barossa Valley for more than a decade, was appointed in October 2014. He said he was “devastated” by the decision of...

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Caroline Egan

30 Oct 2024

Out of the Ordinary

Anglicare scraps DMF for LDK’s Village Membership model at Woolooware Shores with early success

The Deferred Management Fee (DMF) has been replaced at the For Purpose Not For Profit’s Woolooware Shores retirement village in Taren Point, 18km south of Sydney’s CBD. Jodie Pennings, Head of Sales, Retirement Living, at Anglicare, contacted us...

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Ian Horswill

04 Nov 2024

Opinion

Is David Di Pilla making a land lease wrap up move on Lifestyle Communities and Ingenia?

Last Thursday David Di Pilla’s HMC Capital notified the ASX it had acquired 2.69% of Lifestyle Communities. It looks like they may also have access to another 4.6%, a total of 7.3%, whilst also owning around 8% of Ingenia. What is his strategy? Di...

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Chris Baynes

05 Nov 2024

“Development pipeline across sector not going to be sufficient for ageing population”

“The development pipeline across the industry is not going to be sufficient for the ageing population,” Tony told the Property Council

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Opinion: the next aged care crisis is here

Read more about Australia’s ‘true’ occupancy rate – and the consolidation taking place in the residential care sector in SATURDAY – subscribe here

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Only in SATURDAY – the real reason aged care beds are hard to find

The Department of Health and Aged Care puts occupancy at 86.2%. Our investigations differ To find out why, subscribe to our premium digital magazine SATURDAY HERE

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Fiji PM hints at reducing PALM worker numbers

The Prime Minister of Fiji, Sitiveni Rabuka, has indicated that the number of unskilled or semi-skilled workers that come to Australia through the Pacific Australia Labour Mobility (PALM) scheme could be cut, which could limit an important source of...

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Caroline Egan

26 Oct 2023