Lendlease could sell another 25% of its retirement portfolio
Lendlease may be selling off more of its retirement living assets following its AGM. According to reports from News Corp,…
Browsing: Acquisitions
VCAT setback for Lifestyle Communities partially offset by new site purchase
Lifestyle Communities has reduced its portfolio by a net 53 homes after the Victorian Civil and Administrative Tribunal (VCAT) knocked…
Eureka buys management and letting rights of Oxford Crest’s village portfolio
Rental village operator Eureka, which has 32 home sites and eight under management, has entered into conditional contracts to acquire…
RIP Japara: NFP Calvary takes over its assets
The aged care and retirement village operator Japara is no more. Calvary Health Care, which was founded in Australia in…
Financial backing for Ingenia’s acquisition pipeline shows confidence in lifestyle community model
ASX-listed Ingenia Communities has successfully completed its institutional component of its plan to raise $475 million to help fund its…
Estia reportedly unwilling to buy Allity and its 43 aged care homes for over $700M
Estia Health, which made just $1 million profit in FY21 before the one-off top-up of Federal Government ‘temporary funding and…
Japara acquisition two years in the making: Calvary CEO Martin Bowles
Catholic Not For Profit Calvary Healthcare’s takeover of ASX-listed Japara Healthcare reflects the culmination of a two-year strategy to grow…
Bolton Clarke grows WA presence with Acacia Living Group merger
Not For Profit Bolton Clarke has acquired Perth-based Acacia Living Group’s portfolio of retirement villages, aged care homes and home…
90% of Japara shareholders support $380M Calvary takeover
Catholic Not For Profit Calvary is now positioned to become one of the largest providers of aged care in Australia…
Archer Capital seeks to sell its aged care provider Allity yet again
Australian-owned equity company Archer Capital, which set up Allity Aged Care in 2013 after it paid $270 million for 30…