Support at Home: refining technology, workforce, legal, and financial strategies for success

Mar 05 2025 Updated March 5, 2025

Group Editor

1 min read

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

Opinion

Is Trump the golden ticket for aged care?

Hear me out – here’s the thinking. Unless you’ve been living under a rock, you’ve probably seen the headlines: US President Donald Trump’s sweeping new tariffs on imports have rattled global financial markets – Australia included.

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Lauren Broomham

10 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

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

NoosaCare tests high-end market with Kabara aged care home expansion, with further plans

Not For Profit aged care operator NoosaCare has opened a six-bed extension and upgrade at its Kabara aged care home in Cooroy, 125km north of Brisbane, with larger rooms with premium outlooks commanding RADs of $830,000, “evidence” to CEO Grant Simpson there is demand for high-end rooms.

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Caroline Egan

17 Apr 2025

The Weekly SOURCE

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

Development

Bethanie gains approval for its first land lease community in Perth

The 10.6ha vacant site in the northern suburb of Perth will become the Not For Profit’s first venture in the burgeoning sector. Bethanie Bullsbrook Lifestyle Village will be the 31st site under Bethanie’s portfolio in Western Australia and one of...

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Ian Horswill

15 Apr 2025

Development

Summerset consolidates its Melbourne position while pushing to build 650-730 homes across NZ and Australia

Strong new home sales is supporting NZ based Summerset’s building a significant Community Centre at its launch Australian village in VIC. Work started on Summerset Cranbourne North, 39km southeast of Melbourne’s CBD in October 2023 and the first...

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Ian Horswill

14 Apr 2025