Private

Oxford Properties Group tipped to vie for $3B+ retirement village operator Aveo

Oxford is part of the Canadian global pension investor OMERs, and has reportedly made an offer for the Brookfield-owned retirement village operator. Oxford is also behind the Indi Build to Rent brand in Melbourne and Sydney and has a 50% stake in...

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Ian Horswill

17 Feb 2025

Opinion

1,250 net new aged care beds in 2024: why PEP’s billion-dollar Opal HealthCare deal is ‘rolled gold’

The private equity firm’s agreement to take a 50% stake in Australia’s largest private residential aged care operator is confirmation that the sector is again headed for boom time as demand increasingly exceeds supply. As we report this week...

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Lauren Broomham

13 Feb 2025

Mergers & Acquisitions

Final hurdle: Pacific Equity Partners to buy AMP Capital’s stake in Opal HealthCare

Australasia’s oldest and largest private equity firm has reached an agreement to buy AMP Capital’s “up to 50% stake” in Opal HealthCare, Australia’s largest private aged care operator, with 133 aged care homes across NSW, Victoria, QLD, WA, and SA.

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Caroline Egan

13 Feb 2025

Mergers & Acquisitions

Eureka moves into all-age rental market and promises “multiple” others

The nation’s only pure-play rental village operator this afternoon announced its expansion into all-age rental communities. CEO Simon Owen, who launched all-age rental communtiies when CEO of Ingenia Communities, said the ASX-listed business had...

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Ian Horswill

06 Feb 2025

Mergers & Acquisitions

In June 2023 Lendlease said it wanted to sell remaining stake in Keyton, but still waiting

On Friday, the former leader of the retirement sector announced it had made two sales. Lendlease announced the sale of Sydney-based infrastructure investor Capella Capital to Sojitz Corporation, a diversified Japanese trading company, for $235...

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Ian Horswill

03 Feb 2025

Mergers & Acquisitions

St Helens Gardens Tourist Park in QLD’s Mackay Region for sale

Ingenia Communities started its journey under former CEO Simon Owen buying caravan parks and turning them into land lease communities. Now the family-owned caravan park on the banks of St. Helens Creek, in Calen, 54km north of Mackay, is for sale...

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Ian Horswill

03 Feb 2025

Development

Central Element now plan $250M luxurious CAPs development for seniors just 7km from Sydney CBD

The development company has bought a neighbouring block on the Pacific Highway at Greenwich and its new development application to Lane Cove Council reveals plans for two mixed-used Community Apartment Project (CAP) buildings for seniors, with...

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Ian Horswill

27 Jan 2025

Mergers & Acquisitions

Student accommodation operator Scape Australia reportedly keen to buy Aveo’s retirement villages for $3.5bn

The Financial Review, quoting sources, claims four companies want to buy the leading retirement village operator owned by Brookfield, stating the leading student accommodation developer Scape is through to the second round of the possible $3.5...

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Ian Horswill

28 Jan 2025

Mergers & Acquisitions

Eureka Group to sell $25M-$30M of its over 55s rental communities

The first sale by the nation’s only pure-play provider of rental communities will be its village in Mount Gambier, the second most populated city in South Australia, 450km from the state capital Adelaide, for $5 million, slightly below the 30 June...

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Ian Horswill

06 Jan 2025

Mergers & Acquisitions

Estia Health buys seven homes from David Di Pilla’s Aurrum Aged Care

The two businesses have announced Bain Capital-owned Estia Health will buy Aurrum Aged Care’s three homes on the NSW Central Coast in Erina, Norah Head, and Wyoming and the four homes in Melbourne - Brunswick, Healesville, Plenty, and Reservoir -...

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Ian Horswill

10 Jan 2025

Mergers & Acquisitions

Why Ingenia Communities is winding up its five managed funds

CEO John Carfi said the decision to wind up its managed funds was consistent with the Ingenia’s intention to refine its portfolio and simplify operations. “The capital released will contribute toward further investment in our development...

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Ian Horswill

09 Jan 2025

Mergers & Acquisitions

Regis acquires BodeWell Community Care to double its home care business revenue to $30M a year

Managing Director and CEO Dr Linda Mellors acknowledged the opportunity the ageing population and the consumer preference to age in place behind its decision to buy the Knowles Group’s in-home services business, launched in 2007.

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Ian Horswill

08 Jan 2025

Funding

Bain Capital-owned Estia Health reportedly secures $300M finance line

Estia Health has secured $300 million in financing from Japanese Bank Nomura, according to The Australian Financial Review’s Street Talk column.

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Caroline Egan

11 Dec 2024