Becton announced that it achieved sales of 156 ILUs in the 12 months to June 30 for a value of $73.4 million. Allowing for the completion of 60 new ILUs this year this represents a 11% turnover of their existing stock or average occupancy of nine years.
The Weekly SOURCE
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.