Bendigo and Adelaide Bank have aggressively put out the message this week that they are keenly pusuing opportunities to provide finance for start-up developments as well as established facilities. Stating that they have been a major player in the village and care sector since 1985 (as well as a previous owner operator of retirement villages throughout Australia), they are looking to capitalise on both the reducing number of sector financiers and the new entrants to the market.
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.