User Profile

Ian
Horswill

Embattled Lifestyle Communities appoint CEO and $100M land sale to reduce debt amid poor sales

Henry Ruiz, who left his role as Chief Strategy Officer and CEO REAx (REA Group’s property research site property. com. au), after 15 years at the company in July last year, was announced as the land lease operator’s new CEO at its 1H25 financial...

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Ian Horswill

25 Feb 2025

Community Living

Ingenia Communities’ profit up 104% with development accelerating

A total of 258 new land lease homes settlements were achieved in the 1H25, up 47% on 1H24, with the average sale price and development margin increasing. Ingenia has 15 active projects in market across NSW, Victoria and Queensland with $90.4 million...

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Ian Horswill

25 Feb 2025

Mergers & Acquisitions

Lendlease hands over $44M to ATO over sale of retirement village business but still disputes wrongdoing and $112M claim

The former No. 1 village operator, which has steadfastly stated it has acted within the law, disclosed in its HY25 financial report a payment to the Australian Tax Office (ATO) over the sale of 25% of its retirement living business to Dutch pension...

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Ian Horswill

24 Feb 2025

Retirement and Community Living

Ryman Healthcare seeks NZ$1 billion in new capital to reduce debt with a big ~30% discount

The continuum of care operator, based in Christchurch, New Zealand, has gone into a two-day trading halt on the New Zealand stock exchange. Chief Executive Officer Naomi James, who was recruited last November to try and fix the troubled operator...

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Ian Horswill

24 Feb 2025

Community Living

Complaints to tribunal against retirement village operators in NSW fall

New government data shows complaints from retirement village residents in New South Wales have plunged over the past 12 months as the statewide resident population increases. The FY23 to FY24 NSW Civil & Administrative Tribunal (NCAT) Annual...

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Ian Horswill

24 Feb 2025

Government Policy

Three steps the Land Lease Living Industry Assn of NSW want State Govt to tackle

Association CEO, Lyndel Gray, says the sector wants to help tackle the housing supply and affordability crisis. However, the Association is in talks with the NSW Government to try and change laws and regulations hindering land lease community...

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Ian Horswill

24 Feb 2025

Mergers & Acquisitions

Community built and owned Lorne Village to be operated by Not For Profit Sirovilla

The idea for the retirement village in the seaside town, 138km southwest of Melbourne’s CBD, was born in 1973 when the Lorne Lions Club formed the Elderly People Homes Society. Six Lorne Lions members and six holiday homeowners including John...

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Ian Horswill

24 Feb 2025

Awards

DCM Institute participant Deon Moran named Qld Village Manager of Year

The active member of the nation’s leading training program for Village Managers received the most nominations for the state award. A resident of BlueCare’s Fraser Shores 1 retirement community in Hervey Bay, on Queensland’s Fraser Coast...

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Ian Horswill

24 Feb 2025

Mergers & Acquisitions

Colliers buy control of Ethos Urban and will rebrand it

The award-winning national urban planning and design advisory firm has sold a controlling interest to the leading diversified professional services company operating in 68 countries. Colliers’ John Kelly, Chief Executive Officer | Asia Pacific...

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Ian Horswill

24 Feb 2025

Selling

$110M in sales as new homes released at GemLife Gold Coast

The $200 million 46ha lifestyle resort for over 50s in Pimpama is about to launch its Stage 3 release of 143 homes, priced from $880,000, the first released in 10 months. All 111 of the standard homes released in the first two stages of the land...

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Ian Horswill

24 Feb 2025

Sector Moves & People

Another winner? Anglicare Sydney to open Mediterranean-style restaurant in a retirement village

Heirloom restaurant, which will look out to Woolooware Bay, will be built within the Not For Profit’s luxury Woolooware Shores seniors’ living village in Taren Point, 18km south of Sydney’s CBD. With Growthbuilt having almost completed the...

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Ian Horswill

24 Feb 2025

Development

Uniting NSW.ACT’s senior housing development in Shellharbour priced at $127M

The Weekly SOURCE revealed in December last year the Not For Profit had lodged two applications to Shellharbour City Council to develop the first stage of a seniors housing development in Shellharbour City Centre. The article stated a Modification...

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Ian Horswill

24 Feb 2025

Development

Stockland Halcyon’s latest land lease community given go-ahead after being lodged in late 2022

The diversified property developer, which names 14 land lease communities in development in its 1H25 Annexure, has been granted a material change of use to create another community on 20ha of rural land in Yandina, on the Sunshine Coast. The...

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Ian Horswill

24 Feb 2025