Fiona Russell, Area Manager NSW, Levande, said the operator has had two villages – Castle Ridge, 34km north-west of Sydney’s CBD, and Lourdes in Killara, 14km north-west – withheld from sale for eight years.
Speaking at the Property Council's NSW Annual Retirement Living Forum, Aveo CEO and Retirement Living Council President Tony Randello said capital now views retirement living as part of the broader “living sector”.
IRT Diment, the first seniors’ living high-rise building in the Wollongong CBD, will undergo an $11 million redevelopment after approval from Wollongong City Council.
The Aware Super-owned retirement village operator Oak Tree Group has officially broken ground on the final stage of Oak Tree Retirement Village Darling Heights, near Toowoomba.
