Housing News

Lendlease partners with Japanese for a $500M Build to Rent development in Melbourne

Oct 15 2024 Updated October 15, 2024

Ian Horswill

1 min read

The ASX-listed property group announced it has struck a deal with Nippon Steel Kowa Real Estate to deliver a new $500 million, 499-unit tower in Melbourne’s Docklands that is due to be completed in early 2026.

Lendlease will develop, build and act as investment manager for the 24-floor project of one-two- and three-bedroom apartments, in which Nippon Steel Kowa Real Estate will take a 40% stake.

Lendlease and Japanese developer Daiwa House are building Melbourne Quarter BTR with 797 one, two and three bedroom-apartments over 45 levels, and Lendlease and the Royal National Agricultural ＆ Industrial Association’s 443-unit Exhibition Quarter BTR 37-level project at Brisbane Showgrounds, Bowen Hills, is also being constructed with partner QuadReal Property Group.

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BaptistCare, Baptcare and Baptist Care SA set to become Australia’s third-largest, integrated care and services provider

Almost 18 months after BaptistCare NSW/ACT and Baptistcare WA merged, the Boards and executives of BaptistCare (NSW, ACT, WA), Baptcare (VIC, SA, TAS), and Baptist Care SA today announced they will merge to form a billion-dollar aged care and...

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Lauren Broomham

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Government Policy

Aged Care Minister announces financial support for providers to help with reforms

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Caroline Egan

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Government Policy

The 10 amendments the Opposition wants to make to the Aged Care Bill 2024

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Caroline Egan

20 Nov 2024

Government Policy

Aged Care Bill 2024 passes Senate with bipartisan support after amendments

In a historic moment for the aged care sector and older Australians, the Aged Care Bill 2024 has been approved in the Senate. “We congratulate our elected politicians for putting older Australians and the future of aged care above party politics...

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Caroline Egan

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Community Home Australia to expand Aashaya Jasri Resort in Bali, Indonesia

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Only in SATURDAY: why this regional town demanded a new aged care home

To commit $75 million to a big seniors’ living development in a regional area, you need to be sure that it is what residents want and need. This new entrant says their project is on the money. Flinders Village is a new co-located retirement...

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Arcare set to complete three new aged care homes within three months

The private operator has confirmed its status as one of the most prolific builders in the aged care sector, with three new developments due for completion in the first half of 2025, including its first in the ACT.

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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