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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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3 hours ago

Community Living

Stockland launches its first over 50s community in Ipswich, QLD

Halcyon Providence is the developer’s latest over 50s community within one of its masterplanned communities.

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Retirement and Community Living

The Not For Profit with waiting lists at all seven of its retirement villages

Southern Cross Care (WA) has seen 58 new residents into its seven retirement villages, six within Perth and its Donovan Village in Forrestfield, a suburb of the City of Kalamunda, 15km southeast of Western Australia’s capital city. With the state’s...

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Development

Stockwell’s Solana Lifestyle Resorts lodge plans for fifth over 50s resort in QLD

Stockwell Development Group has applied to Bundaberg Regional Council to build a Solana Lifestyle Resort with 403 single-storey two-bedroom homes over eight stages on 17ha of land at Bargara, a popular location for retirement living communities.

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Development

Is Adrian Puljich the ageing sector’s most active operator?

The innovative and prominent over-50s land lease lifestyle resort operator launched Aliria, solely owned and directed by himself in September last year, which sits with the booming GemLife and Living Gems businesses, which he also heads as Director...

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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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Development

Construction of new aged care home at RFBI Cessnock Masonic Village to start soon

The Not For Profit owner and operator of residential aged care homes, retirement villages and home care in NSW and the ACT has appointed Planix Projects and Hines Constructions to build a modern home for residents in the Hunter Valley city, 154km...

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Government Policy

Great news for retirement village operators planning developments in NSW

The criteria for the NSW Government’s Housing Delivery Authority includes seniors housing specifically as a priority on its delivery. The Housing Delivery Authority (HDA) will lead a new streamlined State Significant Development (SSD) pathway and...

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Legal Issues

Residents of Retirement Villages Victoria “bitterly disappointed” with new law being passed

With the Retirement Villages Amendment Bill making its way through the Victorian Parliament, Residents of Retirement Villages Victoria President Helen Betros, pictured at the DCM Instutute’s VILLAGE SUMMIT in November last year, has spoken about the...

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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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Legal Issues

Man has charges upgraded to include murder and manslaughter after death of aged care resident

A man, 34, who broke into a residential aged care facility at Bateau Bay on the NSW Central Coast where he allegedly assaulted and sexually assaulted a 90-year-old woman on 15 November 15, 2023, has had his charges upgraded to include murder and...

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18 Dec 2024

Government Policy

Is this the only way badly needed new aged care beds will be built?

Wollongong Lord Mayor Tania Brown, through council general manager Greg Doyle, has written to NSW Minister for Planning and Public Spaces Paul Scully to consider a scheme to incentivise investment in residential aged care on the NSW South Coast. The...

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