Jones Lang LaSalle this week was awarded the 2008 Kemp Strang Property Industry Award for
its retirement village database, which has been developed over the last year 12 months. The
database was developed in-house. The main finding from the database which incorporated
information from 1,721 villages was that the industry remains a fragmented one; there are
600 owners throughout Australia and 71 percent of them only operate one village. (Note:
Villages.com.au features listings from over 1,800 villages).


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...
