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Sector Moves & People

Private aged care innovator Odyssey appoints new CEO as fourth tower rises on the Gold Coast

Odyssey Lifestyle Care Communities has appointed Aaron Lavell as full-time CEO, marking a leadership shift for the private aged care operator as it continues to expand its premium care model across Queensland.

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Developments

Land lease newcomer MHE Development secures approval for 323-home estate in Tocumwal, NSW

A 21-hectare land lease community in the Murray River town of Tocumwal has been approved by Berrigan Shire Council in southern NSW, 270km north of Melbourne.

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Developments

Aware Super-owned Oak Tree building out five retirement villages in NSW

The Brisbane-based Oak Tree Retirement Villages operator, founded by Mark Bindon, Franco De Pasquale and Marco De Pasquale in 2017 and 100% owned by Aware Super, is completing five villages in New South Wales:

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Sector Moves & People

Ross Gallagher named new IRT CEO, replacing Patrick Reid

Community provider IRT has today (Friday, 1 August) confirmed the appointment of Ross Gallagher as its new Chief Executive Officer.

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New entrants see land lease and say they can do better

Lewis Land and Oliver Hume make their move into land lease, voicing more for purpose principles compared to the recent listed operator entrants. Australia’s land lease market is booming – and two new players are stepping in with bold plans to...

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Simon Owen pitches all-age rental villages: for purpose and an attractive cash yield

Providing rental accommodation is more challenging as the property is not sold. “We’ll get a significant valuation uplift which we can borrow against and free up some capital, but it (rental) consumes a lot of capital. Eureka is a capital hungry...

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Opinion

Why the retirement living sector should embrace RetireAustralia’s Care Hub

RetireAustralia’s The Care Hub will be in every new RetireAustralia village going forward, so why has the retirement living sector been so reluctant to follow? It is a magnet for residents, who hate the thought of entering residential aged care or languishing in a hospital bed awaiting aged care.

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29 Jul 2025

Sector Moves & People

Former IRT CEO Patrick Reid appointed Uniting NSW.ACT Chief Operating Officer

Patrick, who stepped down as CEO of IRT Group in May, is making a quick return to the seniors living sector – this time with a major Not For Profit competitor.

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29 Jul 2025

Development

BaptistCare embarks on $25M expansion of Dubbo retirement village

The Not For Profit has announced a two-stage development to add 40 independent living units to its Kintyre Living Retirement Village in the regional NSW city, 392km northwest of Sydney’s CBD. The first stage of expanding Kintyre Living Retirement...

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Mergers & Acquisitions

Aveo owner Scape reportedly among frontrunners for Lendlease’s share in Keyton

Fresh off completing its $3.85 billion purchase of retirement village operator Aveo, Scape Australia is reportedly in a four-way bidding battle for Lendlease’s 25.1% stake in Keyton, valued at around $500 million. The Australian Financial Review...

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Government Policy

Rate bills for 2,000-plus Mornington Peninsula Council retirement village units cut by 20%

There are 15 retirement villages and 2,215 units on Victoria’s Mornington Peninsula and councillors on the shire council unaminously defied council bureaucrats and reduced this year’s rate bill for the retirement village units by 20% after a visit to Centennial Living’s Beleura Village..

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Rebuilds

IRT to lodge State Significant Development Application for historic Woonona site on NSW South Coast

IRT has now lodged a State Significant Development Appliction to rebuild the site which housed ITR Woonana Retirement Village and IRT Woonana Aged Care, which were built in 1970s..The Not for Profit states the development will set a new benchmark for senior living.

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