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Regis Aged Care continues growth through acquisition

1 min read

Over the past two years private aged care operator Regis has acquired five separate facilities with over 500 beds. The latest purchase is Playford Village in Adelaide with 125 beds. Regis now operates 47 care facilities across every mainland state. Bupa looked at purchasing Regis in 2011 but couldn’t agree on pricing. Darren Lynch, Regis General Manager Development, reports they wish to continue to expand and offer vendors their ability to make an offer “not subject to finance approval”.

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Community Living

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...

Ian Horswill
22 Apr 2024
Government Policy

New Quality Standards will come into effect with new Aged Care Act: Department confirms

The Department of Health and Aged Care has confirmed that the strengthened Aged Care Quality Standards will be rolled out at the same time as the new Aged Care Act. “The strengthened Standards have been finalised and will come into effect in line...

Caroline Egan
11 Apr 2024
Opinion

Opinion: what could be on the table for aged care on Budget night?

With just over four weeks until the 2024-25 Federal Budget is announced on 14 May, anticipation is building for Treasurer Jim Chalmers to restore some much-needed certainty to the aged care sector. As we report in this issue, the Shadow Minister for...

Lauren Broomham
11 Apr 2024
Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill
16 Apr 2024
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