Australian Unity has launched a new institutional retirement village property fund. The new fund is a response to increasing demand and growth in the retirement community sector, an Australian Unity spokesperson said. The Australian Unity Retirement Village Property Fund will buy already established retirement villages and returns will be expected to be around 4% of rolling ten-year Australian government bond yields, based on a total investment return after fees.
Opinion
These new retirement villages show providing care is here and now
Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...
