Crighton: Mudgee village down but not out

Jul 12 2010 Updated July 4, 2023

The Weekly Source

1 min read

Despite continuing issues with drainage, Crighton Properties is still confident that they will get the go ahead for their proposed $72 million village. Until all drainage issues are resolved, Crighton has asked Council for permission to begin to build the first 95 dwellings that dont have issues with drainage

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...

Ian Horswill

22 Apr 2024

Acquisitions

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

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes

22 Apr 2024

Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill

16 Apr 2024

The “New” model for a Silver Decade for retirement living operators

Optimism, the title of LEADERS SUMMIT 2024, continues to be the dominant theme in the retirement village sector as we move towards the end of the financial year. In this issue, we report on Mark Bindon’s speech at LEADERS SUMMIT where he revealed...

Chris Baynes

16 Apr 2024

Chris Baynes

With little retirement living development taking place in NSW, these four people are fighting for change

The Retirement Living Council states there will be a shortfall of 49,000 seniors housing independent living units (ILUs) just to keep up with the current penetration rate by 2030. With only low levels of construction for seniors housing underway...

Chris Baynes

09 Apr 2024

Chris Baynes

What do you advise your staff to say when there is no advice for the most needy?

We have two public facing websites (villages. com. au and agedccare101. com. au) and each week they receive several desperate requests for help to locate accommodation by people in their 70s, 80s and 90s. And then there are the phone calls. These days...

Chris Baynes

02 Apr 2024

Housing News

Cam Ansell predicts private aged care in retirement villages is the growth service

About 11 years ago Cam Ansell jumped ship from advisory group Grant Thornton to establish his own advisory group, Ansell Strategic. Today he is at the forefront of the reshaping of retirement living and aged care, thanks to his in-demand mergers and...

Chris Baynes

26 Mar 2024