Any operator hoping Stockland will keep acquiring will be disappointed. In their latest Annual Report they have stated they will spend the next 12 months settling the Aevum purchase in. There is talk that they may even shed a village or two where the management has been problematical a hangover from some of the ARC contracts in Victoria they inherited.
NSW delivered big development lift: Seniors Housing bonus in R1, R2 and R3 zones part of new NSW Transport Oriented Development planning reforms
The call by planners to include seniors housing in the new building zones around 37 railway stations as part of changes to the Housing SEPP has been agreed. The seniors housing bonus, which includes bonus floor space incentives of between 15% and...