Retirement and Community Living
Tanya Plibersek, Minister for Housing wants to work with villages
The Minister asked how she could work with the village sector, with the emphasis on…
68 aged care projects get DA approval in Jan / Feb, worth $1.19 billion
Following last weeks newsletter where we listed the 44 retirement village projects valued at $929…
Stocklands village profit on track but loses $47 million on FKP and Aevum investment
While the financial pages trumpeted the loss of $726 million by Stockland for the six…
Some trivia retirement village operator ranked 54th best employer in US by leading US business magazine, Fortune
The 10,900 staff of Erickson Retirement Communities based in Maryland, voted Erickson the 54th best…
NSW Legislation Reviewed by RVA
The new RVA NSW Regional Manger, Mark Eagleston, has distributed a very good overview of…
RV Database Wins Award: Jones Lang LaSalle
Jones Lang LaSalle this week was awarded the 2008 Kemp Strang Property Industry Award for…
Asset Sale Likely at B&B Communities
Wilmot, B. and Carapiet, L. Babcock Satellite Goes Solo, Australian Financial Review, August 28, 2008,…
Retirement village investor donates $6 million to Asian art
Melbourne-based nursing home/retirement village investor Allan Myers, QC, and his wife Maria, have donated an…
Nearly 12 million Chinese would consider a retirement village
Last week the China National Committee on Ageing (CNCA) released a report revealing 6 to…
Aevum Lifts Earnings By 24 Percent, Considers Queensland Move
Carapiet, L. Aevum Guarded on Growth View, Australian Financial Review, August 14, 2008, p. 59.…
Tabberer-Backed Development Bleeding $40,000 Interest a Week
Klan, A. Tabberer-Endorsed Project Bleeding Funds, The Australian, August 08, 2008, p. 24. A struggling…
New Zealands tough legislation on reverse mortgages plus transferability to retirement villages
Legislation is being rushed in NZ to place limits on reverse mortgages. They include a…