Ken Barber retires from Anglican Retirement Villages after 13 years

Jun 11 2009 Updated July 4, 2023

The Weekly Source

1 min read

Arguably the leading executive of the biggest developer in the retirement village and care sector, Ken Barber, has resigned as CEO of ARV in New South Wales, effective end of August. ARV as approaching $1 billion in development in the dioceses of Sydney alone at present. His hallmark has been to attract senior executives from the private sector, mirroring he is own journey from finance director of BOC. He intends now to travel while RVA commenced a search for a new CEO.

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...

Click here

Lauren Broomham

11 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.

Click here

Caroline Egan

09 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.

Click here

Ian Horswill

08 Sep 2025

Opinion

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

Click here

Ian Horswill

16 Sep 2025

Brookfield offloads Aveo, targets US$10B American seniors housing giant

Fresh from selling Aveo for $3.85 billion, Brookfield Asset Management is looking to spend more than US$10 billion (A$15 billion) acquiring Yes! Communities, a major US manufactured home operator owned by Singapore’s sovereign wealth fund GIC.

Click here

Lifestyle Communities sells Ocean Grove land to pay down debt

ASX-listed land lease operator Lifestyle Communities has finalised the first of four land sales as part of a $114 million divestment program to cut debt.

Click here

Ian Horswill

15 Sep 2025

Topic - Acquisitions

Mergers & Acquisitions

Land lease operator Lincoln Place gears up for ASX listing or $1B sale

In just six years, Nick Collishaw and Ben Hindmarsh have built Lincoln Place into one of the fastest-growing land lease operators, with 24 lifestyle communities across NSW, Victoria, Queensland and the ACT, housing 2,000 residents and a pipeline of around 4,500 dwellings.

Click here

Ian Horswill

15 Sep 2025

Topic - Acquisitions

Mergers & Acquisitions

Estia Health expands in Queensland with Vacenti Aged Care buy

Bain Capital-owned Estia Health has struck a deal to acquire Brisbane-based Vacenti Aged Care, adding six established homes and a new development nearing completion in Cleveland to its portfolio.

Click here

Ian Horswill

10 Sep 2025