A Housing NSW eight storey seniors development in Wollongong will be ready by September, on time and on budget. Earmarked as seniors housing, the $17m project had to be scaled back after public protest over the scale of the buildings proposed. The site was bought by the NSW Land and Housing Corporation in November 2009 for $2.94 million, almost $1 million more than Sienna Investments paid for the site in 2002.
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...