Topic - Aged Care

Carinity release first pictures inside new $32M RAC community in QLD

Jul 21 2021 Updated May 3, 2023

The Weekly Source

1 min read

Carinity has released the first pictures from inside its new $32 million residential aged care home, The Residences at Brownesholme in Highfields, near Toowoomba, 125km west of Brisbane’s CBD.

Carinity’s new 96-bed building is expected to be home for an estimated 100 residents. It is part of stage one of a $67 million expansion of the Carinity Brownesholme seniors’ precinct which includes an existing adjacent retirement village.

It’s the Not For Profit organisation’s 12th residential aged care home across Queensland.

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

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Government Policy

Great news for retirement village operators planning developments in NSW

The criteria for the NSW Government’s Housing Delivery Authority includes seniors housing specifically as a priority on its delivery. The Housing Delivery Authority (HDA) will lead a new streamlined State Significant Development (SSD) pathway and...

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Ian Horswill

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Development

Construction of new aged care home at RFBI Cessnock Masonic Village to start soon

The Not For Profit owner and operator of residential aged care homes, retirement villages and home care in NSW and the ACT has appointed Planix Projects and Hines Constructions to build a modern home for residents in the Hunter Valley city, 154km...

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Ian Horswill

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Legal Issues

Residents of Retirement Villages Victoria “bitterly disappointed” with new law being passed

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Ian Horswill

06 Jan 2025

St Andrews Village Ballina adds second Byron Bay aged care home

The NSW Northern Rivers-based Not For Profit took on the 41-bed Byron Aged Care home in Byron Bay, 35km north of its base in Ballina, last month as it refocuses its strategic plan on retirement living and residential aged care.

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Lauren Broomham

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Mergers & Acquisitions

Eureka Group to sell $25M-$30M of its over 55s rental communities

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Ian Horswill

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Mergers & Acquisitions

Funding

Bain Capital-owned Estia Health reportedly secures $300M finance line

Estia Health has secured $300 million in financing from Japanese Bank Nomura, according to The Australian Financial Review’s Street Talk column.

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Caroline Egan

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Mergers & Acquisitions

Sale price for Kiama Council’s Blue Haven Bonaira aged care home slashed by $6M

Perth-based aged care provider Hall & Prior will pay $89 million for the Council-built 134-bed aged care home in Kiama, south of Sydney, down from the $95 million original price tag, after additional building defects were identified.

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Caroline Egan

11 Dec 2024