Published 13 June 2023.
Head and heart: the investment logic of Specialist Disability Accommodation
Specialist Disability Accommodation (SDA) is a new housing class offering investors a For Purpose opportunity coupled with strong, Government-backed returns that are pegged to inflation.
At a recent Conversations at the Wharf, sponsored by Westpac, Michelle Northcote, National Manager Disability Housing with Not For Profit disability housing provider BlueCHP, said they can achieve benchmark investment returns of a minimum 8% on DSA housing.
Published 13 May 2023.
“If you’re not building a care element into your retirement living, you’re becoming irrelevant”
With clubs needing to diversify their revenue stream, building retirement living accommodation on available land or redeveloping the entire site to include independent living apartments with a new business partner, is a win-win situation.
The club is usually given a portion of revenue generated from the multi-storey block of over-55s independent living units and a decent proportion of the people living in the homes will regularly spend money at the club.
Stephen Abolakian, Co-Managing Director & Head of Development at property developer Hyecorp;
John Innes, CEO of property investor Pariter, and
Derek Smith, St George Bank’s Registered Clubs Specialist, joined
Chris Baynes, CEO of DCM Group, in the latest Leading Conversations at the Wharf, to look at how clubs are changing the face of retirement living in NSW.
Published 4 April 2023.
Customer demand for prestige retirement living
Watch the video as four executives at the forefront of the retirement living sector answer three questions about the future of retirement villages in the face of competition from land lease, community apartment projects and Build to Rent.
Sally Taylor, Managing Director of Retirement by Moran;
Wayne Horbach, Director of Hotel Services – Montefiore;
Rod Burger, General Manager – Aged Care and Retirement Living at Richard Crookes Construction; and Kaizaad Mehta, National Head of Health and Industry Specialisation, Business Banking Westpac, joined DCM Group CEO Chris Baynes for the latest Conversations at the Wharf.
Published 8 November 2022.
What is the future of land lease communities?
Land lease communities are proving a wildly popular option for Baby Boomers seeking an alternative to the traditional retirement village – but how sustainable is the business model and its development pipeline?
In our latest “Conversations at the Wharf” video, we hear from sector experts about what lies in store for land lease communities, including the viability of Not For Profits in the sector, the availability of land, and the increase in the average age of entry.
- Simon Miller, CEO, Anglicare
- David Dixon, Joint CEO, Aspen Group
- Louise Johnston, Director, Health and Aged Care, Westpac Institutional Bank
- Von Slater, Head of Development, Ingenia Communities
Published 15 September 2022.
The Boomers are here – can retirement villages give them what they want?
The Baby Boomers have arrived, and they’re demanding new and different experiences from their retirement villages and seniors’ communities – which means the old paradigm that worked for their parents and grandparents no longer applies.
In our latest “Conversations at the Wharf” video, we hear from experts in the sector about how villages can adapt to keep their newest residents happier for longer.
- Simon Furness, Director Property & Housing, Uniting
- Stig Anderson, Principal, Strategizer Consulting
- David Dixon Hughes, Seniors Living Banker, Westpac
- Kaizaad Mehta, National Head of Health & Professionals, Business Banking Westpac
Published 26 July 2022.
Is aged care consolidation inevitable? Yes – and no
Financial, workforce and regulatory pressures have been driving consolidation in Australia’s residential care sector – but does it benefit providers and communities?
In our latest ‘Conversations At The Wharf’ video, some of the sector’s leading voices share their thoughts on what the future could look like – and how providers can survive in the new market and deliver to their customers:
- Frank Price, Chief Executive Officer at RFBI
- Lynn Bailey, Director Seniors Communities, Fresh Home Communities
- Cameron Kirby, Director, Chanje Partners
- Carlos Oyarce, Westpac Lead Banker – NSW Healthcare
- Kaizaad Mehta, National Head of Health and Professionals, Business Banking Westpac
Published 28 June 2022.
Early bank project discussions deliver unexpected benefits
Are you considering the feasibility of a new retirement village or aged care development project? If yes, invest a few minutes in this video where leading sector bankers explain areas where banks can deliver unexpected value, significant de-risking and early project enhancement for you and your leadership team.
Banks bring the experience of multiple projects in development today, creating a marketable product up to 5 years out. They bring this understanding of the multiple factors that make the project a success – or not. It is never too early to tap into this wisdom.
Published 21 June 2022.
Does Build To Rent stack up as a new retirement living model for RV operators and is it fundable?
In our Conversations At The Wharf series, we explore with operators and Westpac representatives the expanding Build To Rent model that is attracting affluent retirees seeking community and cash freedom. Check out a summary of the positive views – plus some cautions – in this brief video.
Published 14 June 2022.
Is bank finance available and willing for villages and assisted living? Yes
We invited operators and Westpac to our Conversations At The Wharf series to explore the level of interest in assisted living in retirement villages. Check out a summary of the positive views – plus some cautions – in this brief video.