Across Australia village operators are reporting a rebound in sales in March, with several reporting they have matched the March monthly target set in budgets July last year. Stockland revealed to institutional investors that its average monthly sale in its Retirement Village division was 29 ILUs for the July to December quarter, jumping to 36 ILUs per month in the January to March 09 quarter.
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...