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Dec 16 2007
1 min read
The Weekly Source

Babcock & Brown Communities (Primelife and Fini) reveals their average ILU turnover at 11 years. This compares to many operators that budget on 8 years.

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The Weekly SOURCE

A first: residents petition council wanting an over-55s retirement community

A petition signed by more than 100 people within four days in Bannockburn, 88km southeast of Melbourne’s CBD, demanding a lifestyle village was raised at Golden Plains Shire’s council meeting. “We would like to ask our elected council to encourage...

Ian Horswill
13 minutes ago
The Weekly SOURCE

100 apartments sold in six months in $300M rehabilitated and rebuilt village: Aveo Parkside Carindale, QLD

The 10-storey ‘Vista’ building, 14km east of Brisbane’s CBD, opened in November last year with over 50% of apartments selling off the plan. The original 38-year-old retirement village of 107 low set villas is being transformed into a modern...

Ian Horswill
28 minutes ago
The Weekly SOURCE

Lifestyle Communities buy land for 740 more homes as home sales fall by 16% as customers struggle to sell their homes

Co-Founder and Managing Director James Kelly said the business had bought three pieces of land named in the $275 million capital raising presentation in February 2024. “Subject to successful completion of due diligence and execution of binding...

Ian Horswill
43 minutes ago
The Weekly SOURCE

Residents of Retirement Villages Victoria President Lawrie Robertson completes his 10-year reign

For a decade, Lawrie has been at the helm of Residents of Retirement Villages Victoria, where it has grown its reach and impact, protecting the rights of those living in retirement villages. “Lawrie has been a beacon of inspiration, embodying the...

Ian Horswill
58 minutes ago