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© 2024 The Weekly SOURCE
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Lend Lease acquires its first ACT seniors living site

1 min read

Lend Lease has acquired four hectares in ACT suburb Isabella Plains to build a retirement village.

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Community Living

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...

Ian Horswill
22 Apr 2024
The Weekly SOURCE

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham
24 Apr 2024
Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill
16 Apr 2024
Opinion

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes
22 Apr 2024
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Buying

Exclusive: Retirement by Moran finalises purchase of huge Wesley Taylor Village on Sydney’s Northern Beaches and reveals development vision

Managing Director Sally Taylor said Retirement by Moran can now proceed with plans to redevelop the whole of the 9,234sqm site of The Wesley Mission’s Wesley Taylor Village and Residential Aged Care home adjacent to the beach at Narrabeen. They took...

Ian Horswill
22 Apr 2024
Buying

95% of apartments sold before Uniting’s latest retirement village in Sydney’s Little Italy opens

McRae-McMahon Place, named after the former Uniting Church Minister and social justice activist, Rev. Dorothy McRae-McMahon, features 65 homes, from one-bedroom apartments to deluxe penthouses, including 12 apartments for social housing in...

Ian Horswill
05 Mar 2024
Buying

First residents move into Summerset’s first retirement village in Melbourne later this month

10 two- to three-bedroom villas at its site in Cranbourne North, 39km south-east of Melbourne’s CBD, will mark the New Zealand operator’s entry into Australia. Stewart Scott, Summerset Group’s General Manager Development Australia, said it had...

Ian Horswill
05 Mar 2024
Buying

BaptistCare extending two retirement villages with existing facilities fully occupied

Charles Moore, who was appointed CEO of the newly merged BaptistCare NSW & ACT and Baptistcare WA organisation in June 2023 and had been CEO of BaptistCare NSW & ACT since 2020, has two retirement village projects under construction. The Not...

Ian Horswill
26 Feb 2024
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