Anglican Retirement Villages (ARV) has purchased 12.7 hectares which fronts onto Stanhope Parkway and is a few minutes' walk from Stanhope Shopping Village (near Blacktown), with the intention to build a village of 200 ILUs and a 100 plus bed aged care facility. It will be part of a Landcom greenfield development known as The Ponds. ARV and Landcom are still working to get its Bowral village proposal through Council.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...