Peter McMullen of Jones Lang LaSalle stated bluntly that only operators under extreme duress will sell over the next six months, and predicted discount rates of 20-30% or higher. For partially developed villages or vacant sites he predicts discounts of 30-50%. He added this is a very good market for Not For Profits to pick up sites.
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...