Nieves Murray, CEO of IRT, has purchased 16 ha of pasture land adjacent to its William Beach Gardens care facility in Kanahooka, a suburb that fronts onto Lake Illawarra north of Wollongong. The plan is a staged development of 160 ILUs that will complement the existing 160 bed facility plus 60 ILUs.
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...