Ingenia, Simon Owens reincarnated ING Real Estate Communities, has emerged as the largest pure retirement investment for professional investors. It now has a $429M in assets under management, including 43 properties made up of 3,557 units. 45% are rental and 44% are DMF villages.
Community Living
Foreign investors tax break to power up Build to Rent developments which attracts retirement living clientele
The Federal Budget, announced seven days ago, ignored the retirement living sector, which is governed by the States and Territories. However, it announced major windfalls for international buyers, with plans to allow overseas investors to snap up...