At this weeks NSW Property Council annual Retirement Outlook Breakfast Bruce Message of Premium Consulting and Chris Young of Suters Young + Metcalf Architects presented to the 230 guests their greenfield development model. It will incorporate child care, day care, retirement and aged care, with each service provided by a separate operator as a joint venture. The revenue spread, number of funders and higher sales rates that the multi site offering will generate is forecast to achieve a $27+ million profit and 37% IRR. Visit the Property Council web site for more information. (www.propertyoz.com.au)
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...