The old Hibernian Society of Sydney, now called Aevum, has acquired two villages in Perth from the Multiple Sclerosis Society, being River Parks and River Pines, both located in Wilson. This takes to 4 the number of villages purchased in 3 months. Aevum now has 20 villages, predominantly in NSW.
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...