ACT: Manuka Cathedral development to include aged care beds

Jul 05 2010 Updated July 4, 2023

The Weekly Source

1 min read

The planned $36 million redevelopment of the precinct of St Christopher's Catholic Cathedral in Manuka will cost about $14 million and create up to 70 aged-care residences costing about $22 million.

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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Ian Horswill

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

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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Chris Baynes

26 Jun 2025

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

24 Jun 2025

Former NSW Govt Minister Rob Stokes starts role as Anglicare Sydney’s Group Executive - Housing

In the newly-created role, the retired long-serving NSW politician will lead the growth and strategic direction of Anglicare’s Housing business unit, strengthening the organisation’s focus on providing more safe and affordable homes for those...

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Aspen Group aimed to raise $4M – but could have taken $18M

The ASX-listed affordable accommodation provider, which has 10 active projects, announced a Security Purchase Plan (SPP) on Wednesday, 28 May, offering existing investors the opportunity to acquire up to $30,000 in Aspen Group securities without...

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First modular homes for more than 65,000 on NSW social housing waitlist

The NSW Government, which has a gowing wait list of people needing social housing, 11,161 priority approved and 54,597 general approved. has announced the first factory built modular social homes are nearing completion. Three modular homes are being...

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Anglican Care’s closed aged care home converted into housing for women over 55

The agency of the Anglican Diocese of Newcastle announced it was shutting an aged care home in Mt Hutton, a suburb of Lake Macquarie, 14km west-southwest of Newcastle, in March 2022. On Saturday, NSW Government announcedit has been converted in 20 units for homeless women..

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Ian Horswill

19 May 2025