User Profile

Ian
Horswill

“All anyone wanted to know was ‘when can we move in?’”: Sally Taylor, Retirement by Moran Managing Director

More than 130 interested parties attended the first Information Session for the proposed Indigo by Moran over-60s retirement village on the site of the decommissioned Wesley Taylor Narrabeen, 23km northeast of Sydney’s CBD. Dr Shane Moran, Chairman...

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Ian Horswill

1 hour ago

Development

Portarlington Lifestyle Village, Bellarine Peninsula, lodges $9.5M final extension

The coastal mecca for retirees and retirement living and land lease operators never sleeps. Portarlington Lifestyle Village’s land lease village has 92 two- and three-bedroom homes for over 55s. Now the operator has gone to the Council of Greater...

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Ian Horswill

3 hours ago

Awards

Family-owned Pine Needles Village named NSW Land Lease Community of the Year

“Winning this award is a testament to our team’s hard work and commitment to excellence and we are incredibly proud to be recognised,” said the owner Jenny Phillips, who started the over-55s land lease community in Erina, 81km north-northeast...

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Ian Horswill

4 hours ago

Development

$56.5M Botanic Retirement Village proposed for CW Group’s master planned estate in Highfields, Toowoomba

Damien Gwynne, Founder and Managing Director of CW Group, is developing Botanic, a master planned residential estate at Highfields for 600 homes, with over 30ha of natural flora and fauna habitat, within a 90ha site. In addition, his Bird in Hand 3...

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Ian Horswill

4 hours ago

Development

RetireAustralia expanding three retirement villages as new development progresses

The operator, jointly owned by New Zealand based infrastructure investor Infratil and NZ Super, is continuing expansion. The final stage of The Verge at Burleigh, Gold Coast, opened in May this year and The Weekly SOURCE can reveal it is expanding...

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Ian Horswill

4 hours ago

Partnering With Westpac

Westpac Leading Conversations in Adelaide: Are retirement villages already low care?

DCM Group CEO Chris Baynes at the latest Westpac Leading Conversations at the Wharf in Adelaide asked “Are retirement villages already ‘low care’?”

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Ian Horswill

10 hours ago

Legal Issues

Jury considers fate of police officer accused of manslaughter of aged care resident Clare Nowland

Senior Constable Kristian White, 34, has pleaded not guilty to the manslaughter of Clare Nowland, who he tasered at the 40-bed Yallambee Lodge aged care facility, in Cooma, 114km south of Canberra, on May 17, 2023.

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Ian Horswill

21 Nov 2024

Legal Issues

WA’s new Retirement Villages Act significantly increases operator’s risk of being personally criminally liable: lawyers

The Weekly SOURCE reported in last Tuesday’s newsletter, the WA Government had passed the Retirement Villages Act 1992 (WA) 2024 which had been more than a decade in the making. These changes, when read with the subject matter of the foreshadowed...

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Ian Horswill

18 Nov 2024

News & Issues

StewartBrown Partner Stuart Hutcheon to address ACCPA about Retirement Living Performance Report

The highly impressive initial response by the sector to the news the widely respected aged https://www. linkedin. com/in/david-gallery-9a887b13/care benchmarking accountant is providing an independent survey and report for the advocacy of the...

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Ian Horswill

18 Nov 2024

Out of the Ordinary

ABC 7.30 attack on Lifestyle Communities sees 64 cancellations and no new sales

It was in July when the show ABC 7.30 reported on Lifestyle Wollert resident Geoff Gauci, who described his investment in the land lease community as “a financial prison”. Lifestyle Communities shares immediately shed 7.8% from $12.57 to $11.59...

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Ian Horswill

18 Nov 2024

Mergers & Acquisitions

HTL Property says Hometown Australia’s Macquarie Shores purchase largest land lease community sale of 2024

The fully occupied 214-home Macquarie Shores Home Village over 50s land lease community, which also has one vacant, development-ready site, was only offered to targeted suitors in an off-market sale. “Macquarie Shores Home Village ultimately sold...

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Ian Horswill

18 Nov 2024

Mergers & Acquisitions

Adrian Puljich not slowing down as family pay $30M for 27.99ha site in Logan, QLD

The land lease community operator, which is currently developing seven existing over 50s lifestyle resorts and will potentially launch six new resorts across GemLife, Living Gems and Aliria early next year, is the buyer of the site in Heritage Park...

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Ian Horswill

18 Nov 2024

Government Policy

Funding boosted for manufactured home development: NSW LLLIA

NSW Land Lease Living Association (LLLIA), which is part of the Caravan & Camping Industry Association NSW, said the announcement of the National Productivity Fund by Federal Treasurer Jim Chalmers will boost the burgeoning sector. States and...

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Ian Horswill

18 Nov 2024