Aged Care

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

Apr 24 2025 Updated 2 hours ago

Lauren Broomham

1 min read

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 Collaborative Health Initiative – and why is Government already paying attention?

Find out in this week’s SATURDAY, our premium digital magazine, out tomorrow. Subscribe here.

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: Chiou See Anderson sells her two retirement villages

The 123-unit Elements @Springwood, in Queensland’s City of Logan, and the 45-unit Elements @Con Noi Carindale, 13km southeast of Brisbane’s GPO, have a new owner. Chiou See has told us the NSW-based Hunter Group has bought her two villages; they...

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Ian Horswill

14 Apr 2025

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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Lauren Broomham

4 hours ago

Mergers & Acquisitions

Sid Gupta buys his third retirement village in regional NSW

Shane Nicholson, Director and Principal of ACSL Property, in conjunction with Colliers, announced last Thursday he sold the retirement village with 32 independent living units, with approval for a further 27 units, in the town of Cootamundra, in the...

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Ian Horswill

22 Apr 2025

Mergers & Acquisitions

Opal HealthCare acquires Cranbrook Care’s five aged care homes

Australia’s largest residential aged care provider has acquired five aged care homes from private operator Cranbrook Care, located in Kanwal on the NSW Central Coast, and Kellyville, Neutral Bay, Abbotsford and Bella Vista in Sydney.

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Caroline Egan

17 Apr 2025

Topic - Acquisitions

Mergers & Acquisitions

Vacant Mercy Health facility in Newport, Melbourne, sells for $154K per bed

The 37-bed aged care home in Newport, 7km southwest of the Melbourne CBD, has been acquired from Not For Profit Mercy Health for $5.7 million.

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Caroline Egan

17 Apr 2025