User Profile

Ian
Horswill

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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Ian Horswill

57 minutes ago

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

2 hours ago

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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Ian Horswill

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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Ian Horswill

18 Dec 2024

Community Living

Aveo chosen by NSW Government as partner to turn Manly Hospital site in Sydney into seniors’ housing

First established in 1896, Manly Hospital on Sydney’s Northern Beaches was closed in 2018 following the relocation of services to the 488-bed Northern Beaches Hospital, operated and maintained by Healthscope, at Frenchs Forest, 13km north of...

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Ian Horswill

18 Dec 2024

Mergers & Acquisitions

Levande secures $1.5B sustainability linked loan for “future developments”

The leading retirement operator, which is owned by EQT Infrastructure, says it has successfully extended and upsized its loan facilities, securing an AUS$1.5 billion Sustainability-Linked Loan (SLL). It states the financing aligns with Levande’s...

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Ian Horswill

17 Dec 2024

Sector Moves & People

The man who stalled Aspen’s takeover of Eureka wants to buy back their shares to emerge as Eureka’s biggest shareholder

A General Meeting is being held on Friday, 20 December, to decide if Ben and Blake Cottle’s investment entity Fileton can buy the shares. It will mean he and his associates have increased their voting power in Eureka from approximately 22.2% to...

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Ian Horswill

17 Dec 2024

Community Living

2024 Year in Review: Community Living

The Weekly SOURCE looks back at the past 12 months in the community living sector. With its momentum hampered by high interest rates, the retirement living sector in October came under attack from the ABC, aided and abetted by Centre Alliance...

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Ian Horswill

16 Dec 2024

Sector Moves & People

Not For Profit Calvary Health Care joins the Retirement Living Council

The Not For Profit’s retirement living portfolio includes 17 sites in the ACT, NSW, South Australia, Tasmania and Victoria. “To remain relevant and viable in this changing landscape of health and ageing, combined with policy changes and funding...

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Ian Horswill

09 Dec 2024

Community Living

“Doing dad proud”: Peter Inge announces IP Living, a new $300M retirement living operator

Investment business Palisade Impact has agreed to set up a $300 million retirement living platform in partnership with the family-owned Zig Inge Group, whose late founder is credited with pioneering retirement living assets starting in 1979. Peter...

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Ian Horswill

09 Dec 2024

Development

SA Government proposes four to six-storey retirement villages targeting single occupants

“The aim of the Accommodation Diversity Code Amendment is to increase the number of well-designed, diverse, and affordable housing supply options across the entire state, to respond to these population projections and growth in single person...

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Ian Horswill

09 Dec 2024

Retirement and Community Living

Westpac Leading Conversations: Will Baby Boomers pay for additional village care beyond Home Care Packages?

The third video from the Westpac/DCM Group lunch in Adelaide gives great insight into where retirement living is heading as the need for care services in retirement villages rises. The question: Will Baby Boomers pay for additional village care...

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Ian Horswill

09 Dec 2024

Development

Limited advance release for Paul Slijderink’s unique Balinese-inspired Ipswich continuum of care retirement village

32 villas and 14 apartments are now open to expressions of interest for Abadi Gaia retirement village, which will be built in Ipswich, 43km southwest of Brisbane, with construction starting in 2026. “Abadi Gaia will not only deliver the highest...

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Ian Horswill

09 Dec 2024