QLD operator Tall Trees inform us that they just achieved an average of three sales per month each across their five villages and moving to four per month after a revamp of their marketing proposition. Given an average price exceeding $400K and a significant DMF to fund services, they are demonstrating the attraction of providing care in place. Their model is full care but delivered under the Retirement Village Act. See http://www.villages.com.au/info-centre/post/retirement-villages/tall-trees-care-communities-introduction


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...
