On the one hand the Village Life group has a rocky year transferring most of its 80+ rental villages over to SunnyCove because of the hard going to make the financial model work, and on the other hand the American group Harvest Developments announces it is going to build 10 villages in the next 2 years based on its US formula that has allowed it to build 300 villages in 30 years. The average entry age in America is 83 and they stay for an average of 3 years.
Calvary Health Care expands retirement portfolio amid 11.6% annual sales price surge
The Sydney-based Not For Profit’s three-year plan to elevate retirement living across its broader connected care model of hospitals, residential care, retirement living and home care has led to a 12.4% growth in occupancy and an average sales price...