SA Not For Profit, Life Care, commits to $180 million upgrade program over 10 years

Demonstrating that Not for Profits can access funds, Life Care has paid $9 million to acquire Anglicare’s Iloura aged care facility in Norwood and has now appointed Marchase Partners and Thinc Projects to modernise their other facilities plus their head office over 10 years. The funding requirement is $180 million. Their CEO, Allen Candy, says their aim is to modernise and de-institutionalise their facilities. Work has commenced on creating 35 new beds at a cost of $9 million at Aldinga Beach Court.