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Aevum reluctantly accepts Stockland takeover
Sep 23 2010
1 min read
The Weekly Source

Aevum has declared Stocklands bid of $1.80 per share “not fair but reasonable” and has recommended short to medium term shareholder acceptance of the $268 million takeover offer. But in their statement to the ASX, Aevum’s board declared that no Director had decided to accept Stockland’s offer, their reluctance towards the takeover loud and clear.

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The Weekly SOURCE

Lowest number of aged care beds on record added in 2024-25

Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.

Lauren Broomham
17 Oct 2025
The Weekly SOURCE

Our big idea: co-located retirement villages can solve hospital ‘bed occupancy’ in 16 weeks

Across Australia 2,000 hospital beds now hold 2,000 older Australians getting sicker, waiting for an aged care bed. The cost: $1,500 to $2,000 per day. Could co-located retirement villages offer a solution?

Chris Baynes
16 Oct 2025
Topic - Developments

St Jude’s Health Care Services’ Perth residential aged care expansion

Perth-based St Jude’s Health Care Services has been named as developer of the aged care facility to be built alongside Providence Lifestyle Wattle Grove retirement village, and the operator has also lodged plans to build a two-storey extension of its existing Midlands Nursing Home.

Caroline Egan
16 Oct 2025
The Weekly SOURCE

Only in SATURDAY: Respect’s quiet empire – 39 homes, one sale enquiry a week

Respect CEO Jason Binder says consolidation is “coming to us,” not the other way around – with boards approaching weekly as the regional NFP scales a 39-home network through selective acquisitions, a 90-day integration playbook, and a “profit for residents” philosophy.

Lauren Broomham
16 Oct 2025