Funding

For-purpose organisations investing big in South Australia

Nov 07 2022 Updated May 3, 2023

Section Editor

1 min read

Claire Scapinello, CEO of ECH, and Allan Candy, CEO Life Care, have confirmed their respective organisations are planning significant investment in South Australia over the next 3-5 years.

Speaking at VILLAGE SUMMIT 2022 in Adelaide last week, Allan emphasised the importance of Life Care’s retirement living being able to cater to the individual care pathway of each resident – and how this will form part of the operator’s ongoing value proposition with close to $150m to be invested in new projects.

Claire went on to confirm similar investment from ECH, whose portfolio currently sits at 2,000 units across 100 communities, with a projected spend of $120-130m on new projects in South Australia.

VILLAGE SUMMIT 2022 continues over the coming weeks. Click here for more information.

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