AMP Leaving the Sector

Nov 13 2008 Updated July 4, 2023

The Weekly Source

1 min read

It is understood that AMP is working its way out of the village sector, with plans well advanced in its untangling its association with Meridien. Just 12 months ago AMP Capital Investors promoted its $1 billion investment and their portfolio of 19 villages. At the RVA conference two yeas ago they stated they were going to be a long term player but by last years conference Marcus Willison also hinting they would not last the next 12 months. He was accurate to the month.

Keyton’s thought leadership in a sea of misunderstanding on what retirement villages are

Why has Keyton for the second year financed a Future of Retirement Living roundtable in Canberra plus a full page in the Australian? They identify two major problems: bureaucrats still don’t understand what retirement villages are and don’t...

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Ian Horswill

21 Oct 2025

Government Policy

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

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Caroline Egan

23 Oct 2025

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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Caroline Egan

23 Oct 2025

Opinion

Aged care beds going backwards – where’s the outrage?

StewartBrown just dropped a number that should jolt the sector: average time on a Home Care Package has plunged from 3.6 years in FY24 to 2.4 in FY25. That’s not a tweak – it’s a cliff. And it speaks to the same uncomfortable truth across...

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Lauren Broomham

23 Oct 2025

Lincoln Place hits $44M in development acquisitions in nine months

Land lease community operator Lincoln Place, founded in 2019 by Ben Hindmarsh and Nicholas Collishaw, has added another major project to its pipeline, acquiring a 16.3-hectare greenfield site in Wangaratta, 98km from Shepparton, Victoria.

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Dementia specialists HammondCare win tender for Canberra first

The aged care provider has been selected to lead the transformation of the former Curtin Primary School, 8km southwest of Canberra’s CBD, into a best-practice dementia care village following a competitive tender process.

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Aged care operator Hall & Prior in historic first

The $89 million Sister Kate’s Health and Aged Care Facility, on the in Queens Park, 11km from the CBD, will be developed by Hall & Prior Health & Aged Care Group in partnership with Sister Kate’s Children 1934–1953 Aboriginal...

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Ian Horswill

31 Oct 2025