Rosewoods planned Leederville (WA) care facility of 120 beds, costing $40 million has stalled. They have also stopped redevelopment of their West Perth facility. The empty Leederville project has cost $2 million to date and is costing Rosewood $20,000 per month. It may have to be sold.


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...
