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104 ILU Carnegie Cove development sold post auction after 39 site visits
Dec 05 2011
1 min read
The Weekly Source

After being stalled for three years it looks like the Carnegie Cove development is going ahead but uncertainty surrounds the 104 ILU village component, despite 12 presales in the bag. Located at Bonny Hills, 15kl south of Port Macquarie, it has been purchased by a Port Macquarie/Sydney consortium. The value of the sale is not known until settlement.

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The Weekly SOURCE

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

Ian Horswill
22 hours ago
The Weekly SOURCE

SATURDAY is your water cooler talking point: Odyssey’s new direction

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Ian Horswill
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Private

Brookfield offloads Aveo, targets US$10B American seniors housing giant

Fresh from selling Aveo for $3.85 billion, Brookfield Asset Management is looking to spend more than US$10 billion (A$15 billion) acquiring Yes! Communities, a major US manufactured home operator owned by Singapore’s sovereign wealth fund GIC.

Ian Horswill
15 Sep 2025
Development

Stockland’s Halcyon brand emerges as runaway land lease leader

When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”

Ian Horswill
15 Sep 2025