After four years of concept development Queenslands Blue Care has awarded the $80M construction contract for Azure Blue Carina project. Valued at $80M, it has achieved 80% presales. It will also feature a 128 resident aged care facility. Initial research led Blue Care, due to concern about the aged care image focus of the group to create the Azure Blue brand. (A $500M Not For Profit operation, Blue Care is Queenslands most recognised brand, with 10,000 staff and volunteers serving 46,000 clients daily). They have four more Azure Blue developments planned.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...