Apartment towers come of age

Dec 16 2007 Updated July 4, 2023

The Weekly Source

1 min read

After years of resident and operator hesitation, both the private and the Not For Profit sector have dived into vertical villages. Anglican Retirement Villages announced a 14 story tower in Sydney, Renaissance Retirement Living announced a 3 x 8 story tower development on the Gold Coast, Grand Pacific is selling well its 25 level village in Southport, Southern Cross commits to 125 apartments in Perth.

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham

24 Apr 2024

Opinion

Shared Care closer than we may think for retirement villages – will independent living fade away?

Over the weekend I was trawling through the slide deck of the Department of Health and Aged Care webinar in February discussing the future direction of Home Care and Support at Home. Hidden on about slide 46 was the clipping above which clearly...

Chris Baynes

30 Apr 2024

Opinion

Three big questions the Budget must answer for aged care sector executives to move forward. Time for bravery?

With the Federal Budget now just 12 days away, there remains several unanswered questions that are weighing on boards and executives across the aged care sector. Despite the Aged Care Taskforce, chaired by the Aged Care Minister Anika Wells, handing...

Lauren Broomham

02 May 2024

Development

Stockland expects to launch up to 12 land lease communities in FY24 with home sales up 50%

In a 3Q24 Market Update to the ASX on Monday, 29 April, the diversified property group said it had sold 104 land lease homes (versus 50 homes in 3Q23) with five new project launches over FY24 year-to-date. “As at 31 March 2024, there were 502...

Ian Horswill

30 Apr 2024

Don’t understand housing supply? Read these two excellent reports

Last week our Content Editor, Ian Horswill, walked up to me and said “you must read this report”. He was right, and it was very sobering. Titled ‘Rental Affordability Snapshot 2024’, published by Anglicare Australia, it broke down how many...

Chris Baynes

23 hours ago

Opinion

Three big questions the Budget must answer for aged care sector executives to move forward. Time for bravery?

Lauren Broomham

02 May 2024

Opinion

Shared Care closer than we may think for retirement villages – will independent living fade away?

Chris Baynes

30 Apr 2024

Opinion

Opinion: Hospital wait times are a dire sign of the future that awaits ageing Australia

The latest data shows hospital beds are at a premium – and older Australians are the most likely to miss out. Is there a solution? As we report in this issue, emergency wait times are at their longest in a decade while surgery wait times are at...

Lauren Broomham

23 Apr 2024