Summerset sees strong demand for retirement villages
The NZ retirement village group’s half-year net profit has fallen slightly in the six months to June to $92.6M, down…
Browsing: International
Chinese Home Care AI business model on target for 30M users
Whilst Australia lags in the use of AI in the aged care sector, Chinese company Lanchuang Network Technology Corp has launched…
International money out there for aged and healthcare development
Singapore based, Parkway Life Real Estate Investment Trust (Reit) has posted a 2.6% increase in its distribution per unit to…
US rolls back protections for aged care residents
In a new rule passed by the government last week residents in US aged care facilities (skilled nursing homes) will…
Lendlease officially launches big $400M Chinese retirement village in Shanghai
Four years after we first reported Lendlease moving into the Chinese market, Tony Lombardo, CEO Asia, has announced that its…
US Senate ‘names and shames’ nearly 400 American aged care facilities with “persistent record of poor care”
An insight into the US sector. Although the homes were initially not publicly identified, Pennsylvania senators released a list of…
NZ’s Ryman Healthcare posts biggest profit ever – announces site for 10th VIC village
The company’s latest operating profit for the year ending 31 March 2019 was ahead 11.5% on last year at a record…
Ryman Healthcare technology wins top international award
The New Zealand-based retirement living and care provider’s new app, myRyman, has taken out the top prize in the Innovation…
Aveo auction: Gaw Capital in final stage due diligence, says Street Talk
The Hong Kong-based real estate private equity firm is one of two parties in final stages of talks to purchase…
250-care-home operator Four Seasons (UK) collapses into administration
Four Seasons Health Care, one of the UK’s largest independent health and residential care providers, collapsed into administration last week.…