Topic - Acquisitions

Seachange Lifestyle Resorts commits $70M in Toowoomba

Apr 18 2017 Updated May 3, 2023

The Weekly Source

1 min read

Pradella Property Ventures will build 162 land lease community homes in the centre of Toowoomba (at Harristown) under their Seachange Lifestyle Resort brand, their third LLC community, adding to Arundel and Emerald Lakes on the Gold Coast.

Their planning application is for a density of 21 dwellings per hectare over the 7.8ha development area.

MD David Pradella made his name as the first entrepreneur to build serviced apartments in Australia.

Bolton Clarke announces former Ramsay Health Care executive Olivier Chretien as new Group CEO

Australia’s largest Not For Profit aged care provider has appointed the experienced CEO and executive Olivier Chretien as Group CEO, effective 1 July 2025.

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Caroline Egan

30 Apr 2025

Mergers & Acquisitions

Exclusive: Levande buys four new sites for retirement villages

Levande adds four new sites to its $2B growth plan, including major developments in Sydney, Melbourne, and Geelong.

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Ian Horswill

22 Apr 2025

Opinion

Why 20 May is more important to the retirement living sector than Election Day

The Baby Boomer generation is being ignored by the Labor and Liberal-National Coalition parties as the Gen Y and Gen Z become the increasingly dominant generations and this will not change.

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Ian Horswill

22 Apr 2025

Opinion

Aged care isn’t fixed – so why are we not talking about it?

If you tuned into yesterday’s National Press Club debate between Federal Minister for Health and Aged Care, Mark Butler, and Shadow Minister, Anne Ruston, hoping for a meaningful discussion on aged care – you would have been sorely disappointed.

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Lauren Broomham

24 Apr 2025

Eureka secures $180M in refinancing deal, acquires new site in QLD

Eureka Group Holdings CEO Simon Owen is delivering on his ambition to make the company Australia’s market leader in both over-50s and all-age rental communities, after successfully refinancing and expanding its debt facilities.

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After four years, Opal HealthCare receives DA approval for aged care community in Western Sydney

Australia’s largest residential aged care operator has received the green light from Penrith City Council for a 129-bed aged care community in St Clair, 44km west of the Sydney CBD, following conciliation in the NSW Land and Environment Court.

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Caroline Egan

01 May 2025

Development

Hall & Prior continues aged care expansion with purchase of Perth heritage-listed school

Family-owned Hall & Prior Health & Aged Care Group has acquired the vacant building of the Loreto School in Nedlands, an upmarket suburb of Perth, with plans to develop a health and aged care precinct with community amenity.

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Caroline Egan

30 Apr 2025

Development

Third.i announces strategic joint venture with Dexus to deliver The Merewether retirement village in Newcastle

The property developer has revealed that it will partner with the Australasian real assets group to deliver the $300 million, 178-unit luxury retirement community at the Merewether Golf Club in Newcastle.

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Lauren Broomham

28 Apr 2025