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
$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors
The South Australian Not For Profit provider has opened Stage 2 of the redevelopment of Resthaven Bellevue Heights in Mitcham, 7km south of Adelaide’s CBD.