Housing News

Lendlease partners with Japanese for a $500M Build to Rent development in Melbourne

Oct 15 2024 Updated October 15, 2024

Ian Horswill

1 min read

The ASX-listed property group announced it has struck a deal with Nippon Steel Kowa Real Estate to deliver a new $500 million, 499-unit tower in Melbourne’s Docklands that is due to be completed in early 2026.

Lendlease will develop, build and act as investment manager for the 24-floor project of one-two- and three-bedroom apartments, in which Nippon Steel Kowa Real Estate will take a 40% stake.

Lendlease and Japanese developer Daiwa House are building Melbourne Quarter BTR with 797 one, two and three bedroom-apartments over 45 levels, and Lendlease and the Royal National Agricultural ＆ Industrial Association’s 443-unit Exhibition Quarter BTR 37-level project at Brisbane Showgrounds, Bowen Hills, is also being constructed with partner QuadReal Property Group.

Browse the #1 website villages.com.au and check availability for all retirement living and land lease resorts

BaptistCare, Baptcare and Baptist Care SA set to become Australia’s third-largest, integrated care and services provider

Almost 18 months after BaptistCare NSW/ACT and Baptistcare WA merged, the Boards and executives of BaptistCare (NSW, ACT, WA), Baptcare (VIC, SA, TAS), and Baptist Care SA today announced they will merge to form a billion-dollar aged care and...

Click here

Lauren Broomham

14 Nov 2024

Government Policy

Aged Care Minister announces financial support for providers to help with reforms

Aged Care Minister Anika Wells has announced Government support for aged care providers to help them implement the once-in-a-generation reforms that are due to take effect in less than eight months’ time. In Senate Inquiry hearings and submissions...

Click here

Caroline Egan

17 Nov 2024

Government Policy

The 10 amendments the Opposition wants to make to the Aged Care Bill 2024

Today, Shadow Minister for Aged Care Senator Anne Ruston on behalf of the Opposition has tabled 10 amendments to the Aged Care Bill 2024 in the Senate.

Click here

Caroline Egan

20 Nov 2024

Opinion

Why grow or go will be the mantra for aged care operators in 2025

If your organisation is looking to exit the sector, there has never been a better time to sell – why? With the new Aged Care Act tantalisingly close to being passed by Parliament and many operators reporting positive financial results for the...

Click here

Lauren Broomham

14 Nov 2024

Five big unanswered questions from the new Aged Care Bill

The aged care sector is (again) on the brink of historic change with the Aged Care Bill 2024 looking set to pass Parliament within the next few days – but question marks remain over several of the reforms contained within the new Act. The Bill is...

Click here

Lauren Broomham

8 hours ago

Opinion

Why grow or go will be the mantra for aged care operators in 2025

Click here

Lauren Broomham

14 Nov 2024

Opinion

StewartBrown survey and Code of Conduct essential for the retirement living sector

This week two important initiatives were announced. First StewartBrown announced it is launching an independent survey of retirement living operators, and the second is the Retirement Living Council is reducing the Code of Conduct fees, determined...

Click here

Chris Baynes

10 Nov 2024