Sector Moves/People

Aveo to place a 20 story village on top of its own HO

May 24 2016 Updated May 3, 2023

The Weekly Source

1 min read

Aveo continues to aggressively press in to retirement village tower developments. It has decided to build a 20 story village above its own offices at the Inner Brisbane suburb Newstead. CEO Geoff Grady says it will be ground-breaking stuff in Australia.

Aveo is also building a village apartment tower at Clayfield in Brisbane to join its existing smaller scale tower village.

The law is an ass – and it has cost Lifestyle Communities $1.5 billion and counting

The tribunal in Victoria has ruled the contract requirement of departing residents from land lease operator Lifestyle Communities is void based on a legal/legislative wording, despite residents being well informed when they signed that contract...

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Chris Baynes

15 Jul 2025

Government Policy

Elderly couple conduct their own observations as Single Assessment System moves to phone calls to clear backlog

Assessment organisations, which have operated under the Single Assessment System (SAS) since 1 January 2025, are conducting assessments by phone or Telehealth to clear significant backlogs. Older Person’s Advocacy Network CEO Craig Gear OAM said, roadblocks in the SAS must be urgently addressed.

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Caroline Egan

16 Jul 2025

Legal Issues

Ingenia Communities and ABC’s Adele Ferguson on VCAT’s voiding of Lifestyle Communities’ DMFs

Ingenia Communities Group provides the following update in relation to the Group’s exposure to Deferred Management Fee (DMF) contracts across its portfolio. Ingenia has limited exposure to contracts which include a Deferred Management...

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Ian Horswill

14 Jul 2025

Legal Issues

Lifestyle Communities shares drop 37.22% as it appeals VCAT DMF ruling

The ASX-listed land lease community operator will appeal a Victorian tribunal ruling that struck down its Deferred Management Fee (DMF) clause – and seek a stay on the orders while the process plays out. The VCAT decision, handed down on Monday (7...

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Ian Horswill

09 Jul 2025

GemLife reveals eight Aliria planned land lease communities and will move into South Australia

The operator of land lease lifestyle resorts announced to the ASX last Wednesday it had settled the initial acquisition of Managing Director and Group CEO Adrian Puljich’s own business Aliria for $218 million. Adrian also said it is “finalising...

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43 social and 43 affordable homes in five-storey development approved in Lane Cove North, Sydney

NSW Department of Planning, Housing and Infrastructure has approved the State Significant Development by NSW Land and Housing Corporation for a five-storey affordable housing development with 86 apartments in a growing renewal precinct, 11km...

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Ian Horswill

8 hours ago

Topic - Developments

Mergers & Acquisitions

Retirement living preferred partner for Caloundra RSL in Qld’s Sunshine Coast

Clubs are continuing to seek compatible partners to boost income to stay in business long term. Watermark Freshwater was the first at Mounties’ Harbord Diggers in Freshwater in Sydney’s Northern Beaches, and remains the benchmark. Caloundra RSL is...

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Videri, formerly Group Homes Australia, building 24th home for people living with dementia as two more acquired

Founded in 2012 by Tamar Krebs, the innovative private model of care for people living with dementia, has homes in local communities, with six to 10 bedrooms, offering 24/7 dementia care, including Flexible Respite, long-term, end-of-life and...

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Ian Horswill

23 hours ago