Is there real growth in retirement villages?
With little retirement village news around this week we sat down and read the excellent Aveo sustainability report just released.…
Browsing: Money
$5M Government funding to provide aged care beds to seniors in rural areas
The Fed Government is to deliver up to 150 high needs, high quality rural aged care beds in its next…
ASIC and Court approvals plus independent KPMG report recommends Aveo sale to Mums & Dads
KPMG was commissioned by the board of Aveo to conduct an independent assessment of the price and offer terms of…
Brookfield to borrow $1B of its $1.3B Aveo purchase from banks
Reuters is reporting that Canada’s Brookfield is taking up to $1B in funding from ANZ, Bank of China and Britain’s…
Brexit chaos sees UK’s Labour promise to fund elderly care
In an attempt to unite Britain’s opposition party, Labour’s National Care Service says it will provide older people with free…
Older Australians prefer three-bedroom homes
A new report by the Australian Housing and Urban Research Institute (AHURI) found in NSW the preference was for a…
Adelaide company to expand after $500,000 investment for aged care monitoring app
CareApp, a powerful communication and engagement platform for aged care providers has been backed by Adelaide investor group Southern Angels, a not-for-profit…
ASX-listed Soul Pattinson launches into retirement villages
A new local player has entered the village market with the $5.34 billion company (Washington H. Soul Pattinson) scouting for…
Billionaire investor critical of Aveo takeover
Alex Waislitz (pictured), founder and executive director of Thorney Investment Group, has fired a broadside at retirement village operator Aveo’s independent directors…
Listed providers only planning to refurbish facilities every 20 to 30 years: StewartBrown analysis
The depreciation policies of Estia, Regis and Japara do not appear to match their refurbishment programs – raising concerns about…