Australian Unity has launched a new institutional retirement village property fund. The new fund is a response to increasing demand and growth in the retirement community sector, an Australian Unity spokesperson said. The Australian Unity Retirement Village Property Fund will buy already established retirement villages and returns will be expected to be around 4% of rolling ten-year Australian government bond yields, based on a total investment return after fees.
NSW delivered big development lift: Seniors Housing bonus in R1, R2 and R3 zones part of new NSW Transport Oriented Development planning reforms
The call by planners to include seniors housing in the new building zones around 37 railway stations as part of changes to the Housing SEPP has been agreed. The seniors housing bonus, which includes bonus floor space incentives of between 15% and...