New Zealanders and Americans are coming this way

Dec 11 2007 Updated July 4, 2023

The Weekly Source

1 min read

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.

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...

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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?...

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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.

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Caroline Egan

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.

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Ian Horswill

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RSL LifeCare reveals reimagined vision for 86-year-old flagship village on Sydney’s Northern Beaches

Since its establishment in 1939, the ANZAC Village in Narrabeen – 23 kilometres northeast of Sydney’s CBD – has evolved through 30 individual developments, growing into a community that offers retirement living, residential aged care, home...

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Grand opening of Living Choice Flagstaff Hill retirement village set for tomorrow

South Australia’s first integrated golf course and retirement community will officially open tomorrow (Saturday 28 June), with the launch of The Summit and The Fairway apartment buildings, and the unveiling of the newly rebuilt Flagstaff Hill Golf...

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Lincoln Place wins approval for 209-home community in VIC’s Gippsland Lakes

“This is an incredible site with north-easterly water views across King Lake and has been designed as an extension of the existing neighbourhood, albeit it with access to significant resort-style amenities,” said Paul Yeo, CEO of Lincoln Place

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Ian Horswill

27 Jun 2025