Topic - Aged Care

QLD provider Carinity breaks ground on five-year $65M village and aged care development in Brisbane

Apr 04 2017 Updated May 3, 2023

Antonia Norris

1 min read

The master plan for Brookfield Green will see some of the existing village and aged care buildings at its Brookfield site, 13km west of Brisbane’s CBD, replaced with a 96-bed, hotel-style aged care home, community pavilion, and 102 terraced retirement villas over the next five years.

The Not For Profit currently operates seven retirement villages and 10 aged care homes throughout the state.

Pictured: Councillor Kate Richards, City of Brisbane Lord Mayor Graham Quirk and Carinity CEO Jon Campbell turning the first sod on site.

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

SATURDAY means business: Why Whiddon is done waiting for the system to change

Frustrated with red tape, workforce shortages and broken regional services, Whiddon CEO Chris Mamarelis (pictured) is taking matters into his own hands with a bold new initiative to reform health and aged care – from the ground up. What’s the...

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Lauren Broomham

24 Apr 2025

Topic - Aged Care

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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Appeal set for ex-NSW police officer who avoided jail over aged care Taser death

A court date has been set for the appeal of the sentence handed to former NSW Police officer Kristian White (pictured above right), who was convicted of the manslaughter of 95-year-old Clare Nowland (pictured above left) last month. The NSW Court of...

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Aged care isn’t fixed – so why are we not talking about it?

If you tuned into yesterday’s National Press Club debate between Federal Minister for Health and Aged Care, Mark Butler, and Shadow Minister, Anne Ruston, hoping for a meaningful discussion on aged care – you would have been sorely disappointed.

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Lauren Broomham

24 Apr 2025