KeyInvest Buys Four New Villages In Adelaide

Aug 06 2008 Updated July 4, 2023

The Weekly Source

1 min read

Retirement Purchase, The Advertiser, August 05, 2008, p. 33.

South Australian retirement living company KeyInvest has increased its portfolio by one quarter this week, purchasing four villages in Adelaides east. The company, which would not disclose the cost, bought homes in St. Morris, St. Georges and Beaumont to boost its Adelaide profile.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

Click here

Ian Horswill

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

Click here

Caroline Egan

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

Click here

Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

Click here

Ian Horswill

24 Jun 2025

Ex-Fresh Hope Communities CEO Dan Dwyer finds new interim role

Anglicare Sydney CEO Simon Miller took Dan to visit Donington Court, Brian King Gardens and Warrina residential aged care homes at its Castle Hill site in Sydney’s northwest. The Weekly SOURCE reported in April the Not For Profit has lodged a State...

Click here

Ian Horswill

6 hours ago

Sector Moves & People

Respect Aged Care CEO Jason Binder appointed to Ageing Australia board

The leader of the Not For Profit aged care turnaround specialists will replace Stephen Muggleton, who retired as Group CEO of Bolton Clarke on 30 June 2025. Jason’s appointment as a Multi-State Director took effect on 1 July, with his term set to...

Click here

Caroline Egan

02 Jul 2025

Community Living

Sector Moves & People

Simon Schrapel AM departs as Uniting Communities’ Chief Executive after 15 years

The South Australian Not For Profit has formally farewelled long-time Chief Executive Simon Schrapel, as a new face steps into the role. Simon, who was in the role for a decade-and-a-half, oversaw the group’s expansion to the situation today where...

Click here

Caroline Egan

02 Jul 2025

Sector Moves & People

Stephen Muggleton reflects on building Australia’s largest NFP care provider as Bolton Clarke hits $1.98B revenue

Stephen officially stepped down as CEO on 30 June after transforming Bolton Clarke over his 10-plus years in charge of the Brisbane-based operator. Last Friday, Stephen posted on his LinkedIn page: Final sign-off and reflection. “The end of the 2025...

Click here

Ian Horswill

01 Jul 2025