Seasons Supported Living has bought the financially troubled Lifestyle Estates retirement village in Ipswich, west of Brisbane. The company has served eviction notices on 46 tenants amid reports that they intend to convert the property into an aged care facility to increase profitability. Seasons managing director Paul Browne said residents had been asked to relocate by March 2011. It is unclear whether Seasons has received or applied for planning permission to transform the property into an aged facility which could leave them open to fines and more bad press.
Keyton’s thought leadership in a sea of misunderstanding on what retirement villages are
Why has Keyton for the second year financed a Future of Retirement Living roundtable in Canberra plus a full page in the Australian? They identify two major problems: bureaucrats still don’t understand what retirement villages are and don’t...