Institutions invest heavily in the retirement village sector

Dec 16 2007 Updated July 4, 2023

The Weekly Source

1 min read

Raising of billions of dollars in investment funds was prevalent throughout the year. Babcock & Brown, Macquarie, FKP, ING, Prime Trust, AMP and Aevum are just a few that cashed up for acquisitions and development of land banks.

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

Click here

Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

Click here

Caroline Egan

09 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

Click here

Ian Horswill

08 Sep 2025

Opinion

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

Click here

Ian Horswill

16 Sep 2025

RFBI plans housing for staff at 22 locations which can be home after retirement

RFBI has converted a building on its Coffs Harbour site into apartments for staff, offering rent at 50% of the market rate and when residents retire, they will be able to stay on in the accommodation. CEO Frank Price said they now have plans for similar accommodation at 21 other locations.

Click here

Caroline Egan

23 Jul 2025

Sector Expert Partners

AVID strikes embedded electrical network deal with Prospecta for its Vantage land lease communities

In a landmark move for the retirement living sector, the residential developer has partnered with the Puljich family’s Prospecta Utilities to deliver embedded electrical networks across its expanding portfolio of land lease communities. Prospect...

Click here

Ian Horswill

27 Jun 2025

Sector Expert Partners

Sector Moves & People

Law firm Russell Kennedy expands team with retirement living and aged care specialists

“Not only do Catherine and Nicola, complement our property offering but they bring experience in key sectors of focus, Aged Care & Retirement Living and Education in our Sydney office,” said Russell Kennedy’s Managing Director, Paul...

Click here

Ian Horswill

23 Jun 2025

Sector Expert Partners

Sector Moves & People

Land Lease Living Association NSW’s Bob Browne to become consultant

After an extraordinary 27 years of dedicated service as General Counsel at Land Lease Living & Caravan and Camping Industry Association of NSW, Manufactured Housing Industry Association of NSW and Caravan & Camping Industry Association of...

Click here

Ian Horswill

26 May 2025