Not for Profit

Respect enters QLD with acquisition of seven BlueCare aged care homes and four co-located retirement villages

The Not For Profit, which specialises in acquiring rural and regional care home, announced this morning it will take ownership of several sites from the health and community arm of UnitingCare Queensland.

Click here

Ian Horswill

15 May 2025

Aged Care

Apollo Care expands to 13 homes with regional QLD acquisition

Specialist aged care provider Apollo Care, which supports stand-alone aged care homes in regional communities, has taken on its 13th home, Resthaven on Quarry in Mackay, Queensland, 1,000km northwest of Brisbane.

Click here

Caroline Egan

01 May 2025

Development

ICAM targets expansion to 10-15 villages as Adelaide village undergoes major revamp

The Adelaide investment firm is set to significantly grow its retirement living portfolio over the next few years as the company continues to enhance its existing three retirement villages, such as its latest project at Kings Park Retirement Village in Adelaide.

Click here

Lauren Broomham

28 Apr 2025

Mergers & Acquisitions

Retirement living set for major growth as investors eye long-term opportunities: LEADERS SUMMIT presentations now available

The retirement living sector is entering a new era of transformation and investment, with strong signals that mergers and acquisitions will accelerate over the next few years.

Click here

Lauren Broomham

28 Apr 2025

Mergers & Acquisitions

Respect makes first foray into WA aged care operations

After over 40 years of ownership, Amana Living is set to hand over its aged care home, retirement village and home care services in the regional town, around 593km west of Perth, to the rural and regional specialist – marking the acquisition of Respect’s 28th aged care facility.

Click here

Lauren Broomham

20 Mar 2025

Mergers & Acquisitions

The four reasons for the BaptistCare merger: CEO Charles Moore

The Weekly SOURCE reported BaptistCare (NSW, ACT, WA), Baptcare (VIC, SA, TAS), and Baptist Care SA would merge last November, just shy of 18 months after BaptistCare NSW/ACT and Baptistcare WA announced their consolidation. Charles Moore, who has...

Click here

Caroline Egan

13 Mar 2025

Mergers & Acquisitions

Community built and owned Lorne Village to be operated by Not For Profit Sirovilla

The idea for the retirement village in the seaside town, 138km southwest of Melbourne’s CBD, was born in 1973 when the Lorne Lions Club formed the Elderly People Homes Society. Six Lorne Lions members and six holiday homeowners including John...

Click here

Ian Horswill

24 Feb 2025

Aged Care

Residents told to consider 2nd or 3rd preferences as Mercy Services’ Singleton aged care home set to close in March

Mercy Services has told the remaining residents of its Singleton aged care home, 200km north of Sydney, it is planning to close in only six weeks’ time.

Click here

Caroline Egan

20 Feb 2025

Mergers & Acquisitions

VMCH purchases Andrew Philip’s final RCA retirement village

The Victorian Not For Profit finalised the acquisition of Point Cook Village in Melbourne’s western suburbs on Wednesday, 5 February. Point Cook Village was owned by RCA Villages, which has now sold all of its nine retirement villages with Bolton...

Click here

Ian Horswill

06 Feb 2025

Mergers & Acquisitions

Unthinkable: Why a local Council is taking over an aged care home

Presbyterian Aged Care NSW & ACT (PAC) began selling off its aged care assets in 2021. In 2023, the Not For Profit announced it wanted to leave its Apsley Riverview Aged Care Facility in Walcha, a town at the southeastern edge of NSW’s Northern Tablelands, 425km from Sydney.

Click here

Ian Horswill

06 Feb 2025

Mergers & Acquisitions

mecwacare buys vacant aged care home in Bendigo on market for nearly 12 months

Not For Profit mecwacare has acquired a 52-bed former Estia Health aged care home in Long Gully, Bendigo, which closed in 2023 and had been on the market for nearly 12 months.

Click here

Caroline Egan

06 Feb 2025

Mergers & Acquisitions

St Andrews Village Ballina adds second Byron Bay aged care home

The NSW Northern Rivers-based Not For Profit took on the 41-bed Byron Aged Care home in Byron Bay, 35km north of its base in Ballina, last month as it refocuses its strategic plan on retirement living and residential aged care.

Click here

Lauren Broomham

06 Jan 2025

Mergers & Acquisitions

Sale price for Kiama Council’s Blue Haven Bonaira aged care home slashed by $6M

Perth-based aged care provider Hall & Prior will pay $89 million for the Council-built 134-bed aged care home in Kiama, south of Sydney, down from the $95 million original price tag, after additional building defects were identified.

Click here

Caroline Egan

11 Dec 2024