The Queensland arm of the UnitingCare, Blue Care, has achieved development approval for a four-storey, 147 ILU retirement village at Labrador. This project is one of up to 13 major village developments that Blue Care has on the books after its decision to aggressively re-enter the retirement village development market two years ago. Their development book is valued at close to $500 million.
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...