Government Policy

Singapore sovereign wealth fund GIC looking at National Lifestyle Villages

Sep 20 2016 Updated May 3, 2023

The Weekly Source

1 min read

Following last week's report that US operator of mobile park homes, Hometown America, was looking at a purchase of WA's National Lifestyle Villages income assets, this week it is understood the Singapore government's sovereign wealth fund GIC is also checking out National Lifestyle villages.

GIC recently invested in America's 'YES! Communities' which owns 170 Mobile Parks.

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

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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Lauren Broomham

6 hours ago

Topic - Acquisitions

Mergers & Acquisitions

Retirement living set for major growth as investors eye long-term opportunities: LEADERS SUMMIT presentations now available

The retirement living sector is entering a new era of transformation and investment, with strong signals that mergers and acquisitions will accelerate over the next few years.

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Lauren Broomham

6 hours ago

Topic - Acquisitions

Mergers & Acquisitions

Most aged care operators expected to see M&A activity within three years: LEADERS SUMMIT presentations now available

Investor interest in Australia’s aged care and retirement living sectors is gaining momentum, with most providers likely to experience merger or acquisition activity within the next three years. Hugo Dudley-Smith, Managing Director of M&...

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Lauren Broomham

24 Apr 2025

Mergers & Acquisitions

Sid Gupta buys his third retirement village in regional NSW

Shane Nicholson, Director and Principal of ACSL Property, in conjunction with Colliers, announced last Thursday he sold the retirement village with 32 independent living units, with approval for a further 27 units, in the town of Cootamundra, in the...

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Ian Horswill

22 Apr 2025