Aevum has 1,427 ILU residents and 228 Serviced Apartment residents. Their average ILU occupancy is 7.9 years and average SA occupancy is 3.8 years. Across 54 new ILUs developed and sold over the past 12 months, Aevum claims a development profit of 17%.
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Only in SATURDAY: why future proofing villages building to 9C pays
Building retirement villages to Class 9C standards can add up to 10% to the total cost of construction. But for a growing number of operators, the upgrade is no longer optional.