Mark Moran Group revealed as buyer behind 10 properties in Sydney’s south
Mr Moran has confirmed that the boutique village and aged care group has purchased 10…
Monthly Archives: August, 2017
RetireAustralia snaps up Sydney retirement village from liquidators for $20M
The NZ-owned operator has bought the 48-unit Caroline Chisholm Retirement Village from liquidators PPB Advisory,…
Macquarie University launches ‘first of its kind’ retirement village contract calculator
The free calculator, available at www.rvcalculator.org, is designed to take the three main village fees…
Sydney bowls club fights off retirement village redevelopment – but loses financial lifeline
As we reported here, the Easts Group had planned to relocate the Waverley Bowling Club…
Retirement villages in the media – it’s not all ‘doom and gloom’
With the current hype around village fees and contracts, it’s easy to forget that there…
$2.5M retirement village to replace motel approved for NSW Central Coast
The Glades Country Club Motor Inn on Dunban Rd in Woy Woy will be replaced…
Estia back on top in FY17 with $86.5M EBITDA
After having its shares hit hard in FY16, Estia has returned serve, announcing a NPAT…
Regis boosts its FY17 profits on back of increased revenue from beds and RADs
Their FY17 results reveal the operator’s revenue per occupied bed day has moved to $281…
Japara Healthcare’s shares fall after delivering $60.2M EBITDA for FY17
The figure is a modest 7.3% increase on their FY16 results of $56.1M. Their net…
Aged care gastro outbreak grabs headlines with seven deaths – but operator tells a different story
News that seven residents at Regis’ Yeronga facility in Brisbane had died from a gastroenteritis…