“In my opinion, retirement villages have not been able to compete with the flow of capital from land lease communities in greenfield areas and have therefore had to pivot to vertical opportunities,” Luke Chadwick, Director at Chadwick Property Valuers, has told SATURDAY magazine.
With new land lease community operators entering the market regularly – and major investors such as Macquarie Bank, Gaw Capital and the Lowy Family Group-backed Assembly Funds Management putting their money in – where is the sector heading?
Find out in Issue 101 of SATURDAY. Limited time subscription offer: $199 plus GST. Subscribe here.
