Archive
Becton delivers solid sales results. Average value $470,000
Jul 02 2009
1 min read
The Weekly Source

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.

Latest stories

Community Living

Summerset breaks ground on fourth Victorian continuum-of-care village

New Zealand operator Summerset, which has 40 villages completed or in development across Australia and New Zealand, has marked the start of its fourth Victorian village with a sod-turning at Oakleigh South, 17km south-east of Melbourne’s CBD, ahead of construction commencing next week.

Ian Horswill
35 minutes ago
Development

Keyton starts construction of third retirement living building at Brisbane racecourse

Keyton – operator of more than 75 retirement villages – has begun construction of Magnolia House, the third of five buildings at Bernborough Ascot, beside Doomben Racecourse in Ascot, 8km north-east of Brisbane’s CBD.

Ian Horswill
35 minutes ago
The Weekly SOURCE

Serenitas snaps up Lifestyle Communities’ 205-lot Ocean Grove site, with two more deals close

Serenitas has acquired Lifestyle Communities’ 205-lot Ocean Grove site on Victoria’s Bellarine Peninsula for $46.2 million, below its 30 June book value of $54.8 million, with infrastructure works largely complete.

Ian Horswill
50 minutes ago
The Weekly SOURCE

GemLife approved to build 251-home land lease resort on QLD’s Sunshine Coast

ASX-listed GemLife has secured approval to deliver a $267 million, 251-home over-50s land lease resort at the Glass House Mountains on the Sunshine Coast hinterland – its seventh development approval in South East Queensland this year.

Ian Horswill
50 minutes ago