NSW: $800 million Panthers masterplan unveiled

Jun 14 2010 Updated July 4, 2023

The Weekly Source

1 min read

Seniors living, residential apartments and retail are part of an $800 million-dollar masterplan for Penrith Panthers. The development proposal is one of the biggest to appear on Councils desk. Public exhibition of the plans is to be expected later this year and staged construction is hoped for 2012.

VCAT rules Lifestyle Communities’ DMF model illegal

Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...

Click here

Ian Horswill

07 Jul 2025

Mergers & Acquisitions

“Aveo is a fantastic business, run by a fantastic management team”: Scape CEO Stephen Gaitanos backs landmark $3.85B acquisition

Scape Australia CEO Stephen Gaitanos has praised the leadership of retirement living operator Aveo, following its acquisition by The Living Company – Scape’s parent – for $3.85 billion, in what is now the largest direct real estate transaction...

Click here

Ian Horswill

30 Jun 2025

Community Living

Catholic Healthcare investing $600M to build connected communities across NSW

One of Australia’s largest Not For Profit providers of home care, residential care and retirement living services, is investing over $600 million over the next five years in five innovative connected communities in New South Wales. “We’ve spent...

Click here

Ian Horswill

07 Jul 2025

Government Policy

Regulator locks in new liquidity standards for aged care providers

The Aged Care Quality and Safety Commission (ACQSC) has released its consultation report on the draft Financial and Prudential Standards set to come into effect under the new Aged Care Act from 1 November 2025 – and as expected, the core liquidity...

Click here

Lauren Broomham

03 Jul 2025

Aura Holdings’ Somerset Indooroopilly scores top architecture award as $3.2M unit sets record

The newly unveiled Stage Two O’Connell buildings, which are named in honour of June O’Connell, and have 88 apartments, were opened in October last year. COX Architecture, which designed the retirement village expansion, was awarded one of nine...

Click here

Work begins on Springtree’s second land lease community in Victoria

The brand founded by Elka Capital, the creation of David Laing and Tom McDonald, and The Lowy Family Group-backed Assembly Funds Management, has broken ground on its second land lease community in Yarrawonga, on the south bank of the Murray River...

Click here

Ian Horswill

23 Jun 2025

Selling

Cushman & Wakefield tip “active” retirement living and aged care for landholding in blue chip Melbourne suburb

A landmark landholding in Melbourne’s blue-chip suburb of Hampton is set to enter the market and receive peak interest from both high-end developers and the buoyant Aged Care and Retirement Living market. The 3,662sqm site at 28-34 Service Street...

Click here

Ian Horswill

12 May 2025