In 2005 FKP and Macquarie purchased the Metlifecare business in New Zealand from Mr Cliff Cook. Now Mr Cook has joined with a Chicago-based investment firm called Equity International to build a global retirement village business under the Sanctuary Residences brand, with villages planned for Sydney and Melbourne. They are targeting high-value locations for five-star villages.


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...
