Archer Capital was fast off the mark in generating a new name for the 31 Lend Lease aged care facilities it acquired for $270 million last month. The group is now called Allity and has already produced a magazine for residents under its new livery. It has not explained what allity means. Check its website here:
Think big. Think care campuses.
The gnarly problem: the lack of new ageing accommodation infrastructure over 20 years has hit the Baby Boomer demand bubble. Bad outcomes for old people are accelerating. Planning approval hurdles are cited as the root cause. Delay and bureaucratic...