Topic - Aged Care

Uniting expands Sydney aged care facility with 137 village units

May 09 2017 Updated May 3, 2023

The Weekly Source

1 min read

An artist’s impression of the Bowden Brae Normanhurst development

The new ILUs will be built at its 106-bed Bowden Brae Normanhurst aged care facility on Sydney’s Upper North Shore, 28km northwest of the CBD.

The first stage of the redevelopment will be built by Cockram Constructions and will also feature a wellness centre, café and swimming pool.

The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

The Federal Government is seeking to set minimum liquidity requirements for residential aged care providers for the first time – dangerous territory for a sector that has finally reached a level of financial and regulatory certainty. Previously...

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Lauren Broomham

20 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

Government Policy

New minimum liquidity ratios for aged care revealed

The new Aged Care Quality and Safety Commissioner, Liz Hefren-Webb, hosted a webinar on Tuesday outlining the New Financial and Prudential Standards, which remain open for consultation but due to take effect from 1 July 2025.

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Caroline Egan

20 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

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

Buying

Mergers & Acquisitions

Shalain Singh returns to the seniors sector with $585M healthcare hub transaction

The senior adviser has established his own healthcare and real estate firm – Arrow Advisory Group – focused on primary care, medical centres, retirement living, residential aged care and hospitals – and has just completed a major deal...

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Lauren Broomham

28 Nov 2024

Buying

Retirement and Community Living

The regional South Australian retirement village with a waiting list over three times its capacity

Tatiara Retirement Village is a Not for Profit venture in Bordertown, 250km southeast of Adelaide, celebrating its 50th year. Residents moved into the first six single-bedroom units in October 1973. It has been expanding ever since. From 1987 to...

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Ian Horswill

09 Sep 2024

Buying

Phil Usher’s Odyssey announces fourth big site for its innovative private retirement care venture

With the financial muscle of super fund Australian Retirement Trust (created from the merger of Sunsuper and QSuper), Odyssey Lifestyle Care Communities has bought a prestigious parcel of land in one of the Gold Coast’s most coveted areas, Cru...

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Ian Horswill

06 Aug 2024