Archive
AMP now the largest private aged care operate in Australia
Aug 01 2008
1 min read
The Weekly Source

On top of its retirement village expansion, AMP will now indirectly controlled 5,000 beds in aged care, which is 3% of the Australian market. Principal Healthcare Group, part of AMP Capital Investors, paid $300 million for Domain Aged Care’s 16 aged care facilities. The next largest operator is Britain's BUPA, which bought the Amity group last year with 3,600 beds.

Latest stories

The Weekly SOURCE

Retirement living for the “well-heeled”: Residents begin to move into Retirement by Moran’s second venture: Sage in Cronulla

Shane Moran, the Founder and Chief Executive of Retirement by Moran, concedes admission to his residences is “not inexpensive”. Sage is an eight-storey development of 37 two- and three-bedroom apartments. The art-deco- meets-coastal-chic...

Ian Horswill
34 minutes ago
The Weekly SOURCE

Tweed Shire Council issues warning to manufactured home providers – the 65% rule

“If you are wanting to build or install a structure in a Tweed manufactured home estate, it’s important to be aware of any approvals or certifications you may need,” the shire council states

Ian Horswill
49 minutes ago
Topic - Developments

TriCare Communities propose 10th Retirement Village despite 500,000 chickens

The family run business is applying to establish a village with 235 independent living units, two swimming pools and a community centre in Beerwah, a rural town and the home of Australia Zoo, in the hinterland of the Sunshine Coast. The site would...

Ian Horswill
1 hour ago
The Weekly SOURCE

Stockland to build another over-60s land lease community in NSW

When the diversified Sydney property developer announced its first over-55s land lease community in Western Australia on 17 April, Stockland Executive General Manager Col Dutton said it was the first of Stockland’s five or six planned within its...

Ian Horswill
1 hour ago