Lend Lease has won approval to build a new ACT retirement village 20 km north of Canberra CBD at Isabella Plains. It is their first move into Canberra and they will build 122 homes with starting prices at $390,000. They commence selling off the plan next month and expect first residents to be moving in mid next year. They are heavily promoting the fact that their ILUs will have a minimum seven star ACT House Energy Rating.
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...