ISPT (Industry Super Property Trust one of Australias largest property trusts) is regarded around the traps as the potential biggest story of 2011. They have been analysing the market with a number of notable private and not for profit leaders acting as advisors.
The hugely successful NZ operator Ryman must also be getting close to securing their first Australian facility. Will they bring the NZ DMF model with them which is vastly more generous to operators than the Australian model?
The property market is predicted to remain flat which will hit the sale of the family home to move into a village. The RBA has broken with tradition and actually commented on interest rates only gradual increases on the cards. Two rate hikes are expected for 2011.
Event to watch: the Terrapinn Retirement Communities World Conference March 28-30. With the RVA, the real leaders of the village and care sector have been assembled for a stellar 3 day review of where the industry is headed. Book early as space is limited.
