Privately owned Arcare has just opened its 21st care facility in Maroochydore on the Sunshine Coast, its ninth in SE QLD. The 90 resident complex features a gift shop, cafe, theatre, hair salon, pool room, games rooms and private dining facilities. They are planning a further opening at Craigieburn in Melbourne.
Community Living
Three years after $1B+ valuation, RetireAustralia faces $850M sale
Infratil and NZ Super put its jointly owned business RetireAustralia on the market in March 2022 with a reported price tag of over $1 billion. With its profits soring, the joint owners announced it was off the market in December 2023. In April last...