Ingenia Communities buys site for 300 homes in housing estate
Ingenia acquired the 13.3 hectare site in Burdell, 12.5km from Townsville's CBD, from Melbourne-based integrated property, construction, and investment business Oreana.
Ingenia acquired the 13.3 hectare site in Burdell, 12.5km from Townsville's CBD, from Melbourne-based integrated property, construction, and investment business Oreana.
Earlier this month, Street Talk speculated Pacific Equity Partners (PEP), which owns 50% of Opal HealthCare, was considering a move on Estia.
The Weekly SOURCE reported Ryman Healthcare ended its long-planned village at Moondah Estate, Mt Eliza, on 8 December. Ryman paid a reported $37.5 million for the former Melbourne Business School campus in 2016.
The acquisition represents more than a 25% increase to its residential care portfolio and a fivefold lift in home care services.