Despite the widely held view that Manchester Unity with ex-NSW Liberal leader John Brogden at the helm placed its small New South Wales village and care facilities on the market too late to achieve top dollar, a sale is rumoured to have been achieved and quite close to the asking price. The buyer is thought to be a Victorian operator that wants to build its presence in New South Wales.
Opinion
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...
