America’s Hometown wins 94.88% of Gateway’s shares including its CEO’s
Australia’s largest land lease community operator, Gateway, is about to be consumed by US LLC operator Hometown as it mops…
Browsing: Acquisitions
Sydney aged care facility reaccredited after new owners Carino Care step in
As we reported here, Tierra Healthcare, operating under the name of Carino Care, took over four of Ark Healthcare’s aged…
Seventh-day Adventists advocate against their own church’s multi-tower Wahroonga development
Antidevelopment advocates are inside the tent! The church has spent close to 10 years preparing for the development adjacent to…
Rental village operator Eureka boosts its portfolio to 41 villages in FY18
The operator has acquired eight villages in the past year, growing to 32 owned villages and nine managed villages for…
Ansell Strategic forecasts more aged care “acquisition opportunities” in next 12 months and shows Top 25 Quartile Not For Profits make biggest ‘surpluses’
The increased cost of the Government’s new “heavy-handed” care compliance regime is good news for the listed providers, according to…
The Australian: takeover rumours swirl as listed aged care providers’ shares continue to “tread water”
Following last week’s speculation that major Aveo shareholder Mulpha is likely to take out village operator Aveo, the News Corp…
The Australian: major Aveo shareholder Mulpha likely to buy out the village operator
“Expectations are rising that Aveo will end up in the hands of its 22.7 per cent shareholder, Malaysian infrastructure and…
Regis’s NPAT falls 7% to $56.9M – but acquisitions and retirement living developments to boost future growth
The listed operator’s net operating cashflow also fell 11% to $133.8 million this year thanks to staffing costs, the freeze…
Japara’s FY18 profits drop 21.5% to $23.3M – funding cuts and flu blamed
The listed provider says that the indexation freeze on aged care funding, higher wages costs and reduced occupancy following last…
Charter Hall moves to buy Folkestone, including retirement village developments
The $23 billion property fund group Charter Hall is to acquire in November the $1.6 billion Folkstone, a real estate…