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.

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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...

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Lauren Broomham

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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...

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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.

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Caroline Egan

20 Nov 2024

Government Policy

Aged Care Bill 2024 passes Senate with bipartisan support after amendments

In a historic moment for the aged care sector and older Australians, the Aged Care Bill 2024 has been approved in the Senate. “We congratulate our elected politicians for putting older Australians and the future of aged care above party politics...

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Caroline Egan

21 Nov 2024

Every apartment in RFBI’s affordable housing for women over 55 in NSW Mid North Coast snapped up

It is taken six years since the plan was first conceived and now CEO Frank Price is a happy man. The 23 one-bedroom affordable apartments for women over 55 facing homelessness in Watson Place, Bellingen, 547km north of Sydney, is through Belloran...

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Goodwin will subsidise seven affordable retirement living units in new ACT village

The independent Not For Profit medium rise village in Downer, designed by CK Architecture, which will have 109 Independent Living Units (ILUs) and 20 Assisted Living Apartments. “The 109 ILUs will however include seven Affordable Retirement Living...

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Over 55s encouraged as Stage 2 of Third.i’s Elevate Hume Place in Crows Nest, Sydney, announced as Build to Rent with Wellness amenities

There will be 476 one-, two-, and three-bedroom apartments designed by Woods Bagot in the collaboration between the property developer, co-founded by Luke Berry, and Phoenix Property Investors, directly above the newly-opened Crows Nest Metro...

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Reinventing retirement living? Gurner Group’s “futuristic wellness and anti-ageing utopia”

This utopia might appear fanciful but Tim Gurner has runs on the board. “This will be Australia’s first next-generation wellness precinct where our homes can make us healthier and have a marked impact on our mental and physical wellbeing,” he...

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Ian Horswill

22 Oct 2024