The Continuous Care Retirement Community (CCRC) concept, where collocated aged care facilities deliver care to village residents, is gaining momentum. Baptist Community Services (NSW & ACT) has announced a 200 ILU village plus a 158 bed care facility with respite centre to be built at Kellyville. Aevum says it will pursue co-located facilities as its long term strategy.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...