International

Summerset Group starts construction on fourth Australian village as it breaks sales record again

The New Zealand-based retirement village operator is reaping the rewards of introducing upfront payments for its care suites, reporting record sales in the second quarter of the year.

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Ian Horswill

07 Oct 2025

International

US manufactured home sector tipped to hit US$18.9B by 2030 – Australia’s land lease market not far behind

Australia’s land lease community sector was valued at $13.5 billion in 2024 – and now its US equivalent, the manufactured homes market, is forecast to grow from US$13.74 billion in 2025 to US$18.92 billion by 2030.

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Ian Horswill

29 Sep 2025

International

Ryman Healthcare to dual list on ASX this week

Ryman Healthcare, New Zealand’s largest retirement living provider, will join the Australian Securities Exchange (ASX) on Wednesday, 1 October, as part of a dual listing to broaden its investor base.

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Ian Horswill

29 Sep 2025

Mergers & Acquisitions

Brookfield offloads Aveo, targets US$10B American seniors housing giant

Fresh from selling Aveo for $3.85 billion, Brookfield Asset Management is looking to spend more than US$10 billion (A$15 billion) acquiring Yes! Communities, a major US manufactured home operator owned by Singapore’s sovereign wealth fund GIC.

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Ian Horswill

15 Sep 2025

International

EQT’s Metlifecare lifts profit 25% on record sales

New Zealand retirement village operator Metlifecare – owned by Swedish investment giant EQT – has posted a 25% rise in annual profit and record sales for FY25, as demand for village housing and care continues to accelerate.

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Ian Horswill

01 Sep 2025

International

10 seniors killed in deadliest fire in Massachusetts in over 40 years

Ten elderly people have died from a fire that sewpt through an assisted living home Gabriel House in Fall River, Massachusetts, with many residents in wheelchairs or wearing oxygen tanks. It was the deadliest fire in the state since 1984

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Ian Horswill

21 Jul 2025

International

Macquarie to launch $5B senior housing platform - in the US

Sydney-based Macquarie Asset Management is launching a dedicated senior hiousing platform across the Pacific Ocean. It has linked with Chicage-based Health Wave Partners, a boutique investment firm specialising in high-quality senior housing across...

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Ian Horswill

07 Jul 2025

International

NZ retirement villages take more than 20 years to turn a profit: Grant Thornton

Retirement villages in New Zealand can take more than two decades to become profitable, according to a new study from auditor and advisory firm Grant Thornton. The report, The Path to Profitability, found the average retirement village reaches...

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Ian Horswill

07 Jul 2025

Government Policy

UK aged care faces crisis as immigration rules tighten

If you thought Australia’s aged care sector was doing it tough, spare a thought for our UK counterparts.

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Lauren Broomham

22 May 2025

International

New York State Attorney General sues land lease operator over water so polluted residents have to boil it

New York Attorney General Letitia James last Thursday filed a lawsuit against River Valley Estates, LLC (River Valley), a mobile home park in Sullivan County, and its operators, George Levin and Gayla Sue Levin, for years of failing to maintain...

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Ian Horswill

15 Oct 2024

International

EQT’s Metlifecare increases retirement village portfolio by 50% in 3.5 years

Since leaving the New Zealand stock exchange in 2020 when Swedish private equity firm EQT took over the business, the Auckland-based operator has been transformed by its five-year Full Potential Plan initiated in 2021. “We really have gone through...

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Ian Horswill

09 Sep 2024

International

Promotional video for a senior living resort has 6.4M views – shame it’s not in Australia

Said to be Malaysia’s first purpose-built senior living resort, Millennia Village in Seremban, approximately an hour drive from Kuala Lumpur, is on a13ha site. It is the brainchild of John Chia, Chairman and Managing Director of semiconductor...

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Ian Horswill

12 Aug 2024

Development

Building of retirement villages in New Zealand falls to six-year low as costs hits record high

Only 350 retirement village units were approved across the Tasman Sea in the second quarter of 2024, according to interest. co. nz, which represents a fall of 31% on two years ago. At the same time the average build cost per retirement village unit...

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Ian Horswill

12 Aug 2024