Becton: Suncorp finance secured

Aug 26 2010 Updated July 4, 2023

The Weekly Source

1 min read

Becton Property Group has announced a development finance package with Suncorp-Metway Ltd for the group and its Retirement Alliance with Oman Investment Fund. The finance package includes a $20.1 million facility extended to May 3, 2011 to fund retirement development assets and sites owned by Becton.

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

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Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

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Ian Horswill

08 Sep 2025

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

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Caroline Egan

09 Sep 2025

Opinion

200,000 village residents in assisted living and private aged care within 5 years? Yes

Grant Corderoy tells our private aged care breakfasts that the DMF is likely on the way out and up front membership is the only way to be able to deliver the staff and services this new customer will demand. There will 200,000 of these customers swamping village ‘beds’ in the next 60 months.

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Chris Baynes

08 Sep 2025

Stockland’s Halcyon brand emerges as runaway land lease leader

When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”

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Bocina Group unveils first land lease community in QLD’s Lockyer Valley

Gold Coast-based Bocina Group has lodged plans for its first land lease community, a 267-home project in Gatton in Queensland’s Lockyer Valley.

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Uniting gets go-ahead for 152-unit Shellharbour development

Uniting NSW.ACT has secured approval for the first stage of its new Shellharbour development, which will deliver 152 independent living apartments and assisted living services in the Illawarra, about 100km south of Sydney’s CBD.

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Summerset’s second continuum of care village takes shape in Melbourne’s Chirnside Park

New Zealand-based operator Summerset Group has provided an update on its $146 million retirement community under construction in Chirnside Park, 38km east of Melbourne’s CBD.

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Ian Horswill

15 Sep 2025