Topic - Acquisitions

Residents told to consider 2nd or 3rd preferences as Mercy Services’ Singleton aged care home set to close in March

Mercy Services has told the remaining residents of its Singleton aged care home, 200km north of Sydney, it is planning to close in only six weeks’ time.

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Caroline Egan

20 Feb 2025

Mergers & Acquisitions

Oxford Properties Group tipped to vie for $3B+ retirement village operator Aveo

Oxford is part of the Canadian global pension investor OMERs, and has reportedly made an offer for the Brookfield-owned retirement village operator. Oxford is also behind the Indi Build to Rent brand in Melbourne and Sydney and has a 50% stake in...

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Ian Horswill

17 Feb 2025

Mergers & Acquisitions

Colliers selling senior living site in master planned community near Canberra

Ian Sanders, Healthcare | Leadership Director, for the real estate agency, said there are three development sites available within the Googong estate in the Queanbeyan-Palerang region, 20 minutes drive from Canberra. • Lot A (1.2ha) – A prime...

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Ian Horswill

17 Feb 2025

Opinion

1,250 net new aged care beds in 2024: why PEP’s billion-dollar Opal HealthCare deal is ‘rolled gold’

The private equity firm’s agreement to take a 50% stake in Australia’s largest private residential aged care operator is confirmation that the sector is again headed for boom time as demand increasingly exceeds supply. As we report this week...

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Lauren Broomham

13 Feb 2025

Mergers & Acquisitions

Final hurdle: Pacific Equity Partners to buy AMP Capital’s stake in Opal HealthCare

Australasia’s oldest and largest private equity firm has reached an agreement to buy AMP Capital’s “up to 50% stake” in Opal HealthCare, Australia’s largest private aged care operator, with 133 aged care homes across NSW, Victoria, QLD, WA, and SA.

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Caroline Egan

13 Feb 2025

Mergers & Acquisitions

VMCH purchases Andrew Philip’s final RCA retirement village

The Victorian Not For Profit finalised the acquisition of Point Cook Village in Melbourne’s western suburbs on Wednesday, 5 February. Point Cook Village was owned by RCA Villages, which has now sold all of its nine retirement villages with Bolton...

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Ian Horswill

06 Feb 2025

Mergers & Acquisitions

Eureka moves into all-age rental market and promises “multiple” others

The nation’s only pure-play rental village operator this afternoon announced its expansion into all-age rental communities. CEO Simon Owen, who launched all-age rental communtiies when CEO of Ingenia Communities, said the ASX-listed business had...

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Ian Horswill

06 Feb 2025

Mergers & Acquisitions

Unthinkable: Why a local Council is taking over an aged care home

Presbyterian Aged Care NSW & ACT (PAC) began selling off its aged care assets in 2021. In 2023, the Not For Profit announced it wanted to leave its Apsley Riverview Aged Care Facility in Walcha, a town at the southeastern edge of NSW’s Northern Tablelands, 425km from Sydney.

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Ian Horswill

06 Feb 2025

Mergers & Acquisitions

mecwacare buys vacant aged care home in Bendigo on market for nearly 12 months

Not For Profit mecwacare has acquired a 52-bed former Estia Health aged care home in Long Gully, Bendigo, which closed in 2023 and had been on the market for nearly 12 months.

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Caroline Egan

06 Feb 2025

Mergers & Acquisitions

In June 2023 Lendlease said it wanted to sell remaining stake in Keyton, but still waiting

On Friday, the former leader of the retirement sector announced it had made two sales. Lendlease announced the sale of Sydney-based infrastructure investor Capella Capital to Sojitz Corporation, a diversified Japanese trading company, for $235...

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Ian Horswill

03 Feb 2025

Mergers & Acquisitions

St Helens Gardens Tourist Park in QLD’s Mackay Region for sale

Ingenia Communities started its journey under former CEO Simon Owen buying caravan parks and turning them into land lease communities. Now the family-owned caravan park on the banks of St. Helens Creek, in Calen, 54km north of Mackay, is for sale...

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Ian Horswill

03 Feb 2025

Development

Central Element now plan $250M luxurious CAPs development for seniors just 7km from Sydney CBD

The development company has bought a neighbouring block on the Pacific Highway at Greenwich and its new development application to Lane Cove Council reveals plans for two mixed-used Community Apartment Project (CAP) buildings for seniors, with...

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Ian Horswill

27 Jan 2025

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

06 Jan 2025