Villa Maria (Victoria) buys prime village site from Macquarie Bank’s Retirement Villages Group (RVG)

Nov 19 2009 Updated July 4, 2023

The Weekly Source

1 min read

The highly regarded CEO of Villa Maria, Valerie Lyons, achieved a coup by securing a key inner-city Camberwell property with approval for 64 ILU village for $8.75 million. This equates to a land value of $137,000 per ILU in a AAA prime location. The irony is that the seller was a Macquarie Bank offshoot, an organization known for its tough negotiation, and Villa Maria is a Not For Profit.

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...

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Lauren Broomham

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Opinion

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

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Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

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Caroline Egan

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Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

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Ian Horswill

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Only in SATURDAY: why future proofing villages building to 9C pays

Building retirement villages to Class 9C standards can add up to 10% to the total cost of construction. But for a growing number of operators, the upgrade is no longer optional.

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Caroline Egan

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Development

St Bart’s $46M aged care home for homeless partly funded by $30M Federal grant

St Bart’s has secured Federal funding for its long-planned aged care home in East Perth, with the Albanese Government confirming this afternoon it will contribute $30 million towards the $46 million build.

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Ian Horswill

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Development

$29M renewal of Lutheran Aged Care Albury’s Dellacourt delivers for half the cost of a new build

Lutheran Aged Care Albury has completed a $29 million, 4.5-year renewal of its 120-bed Dellacourt aged care home on the NSW-Victorian border – achieving a contemporary facility for about half the cost of a new build.

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Stockland’s Halcyon brand emerges as runaway land lease leader

When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”

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Ian Horswill

15 Sep 2025