Baldwin Care has purchased their first QLD village, Liberty Seniors Livings Taigum village, 14KL north of Brisbane. CEO Paul Burkett negotiated the purchase through Colliers Shane Nicholson. The seller was the Panettiere family who have decided to concentrate on their concreting business. The price was below $3M for 88 ILUs, all DMFs except about 12 rentals. Burkett didnt take up the optional land adjacent that would have delivered 126 development sites. Baldwin utilised existing lines of credit with ANZ. This purchase takes Baldwin to five small and large villages plus two aged care facilities across three states
Government Policy
The three aged care bombshells from Senate Estimates
Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.
