Mercer announces significant new B2B market segment for the retirement living and aged care markets
The Australian arm of the global consulting firm has pioneered a Business to Business service…
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Quadrant Private Equity-backed myHomecare snaps up home care provider Let’s Get Care to create home care giant – 18,000 clients
The acquisition brings together the two largest operators in the home care sector to create…
HomeCo now targeting $1B initial equity raising for new HealthCo REIT
Last week’s rumours have been confirmed with the property investment management company announcing on Tuesday…
US$1.19B loan defaults in US retirement living sector as COVID kills new occupancy
Unlike Australia, potential new residents are staying at home rather than joining a ‘retirement village’,…
HomeCo looking to raise capital for new health and wellness fund including aged care: Fin Review
Managing Director and Aurrum Aged Care Chairman David di Pilla has taken another step towards…
Queensland land lease operator Halcyon looking for major backer to fund interstate expansion
After flagging its intention to expand interstate last year, Halcyon has reportedly started its investor…
Australian Unity rejects $2.5 billion offer from NorthWest Healthcare to buy its unlisted healthcare real estate fund
Australian Unity has shot down a $2.5 billion offer from Canada’s NorthWest Healthcare Properties to…
Bupa Aged Care delivers $71M loss – occupancy 85%
Australia’s largest aged care operator delivered the $71 million loss on top of a loss…
Estia share price increases 26% in 3 months – $5.4M profit from $303M revenue (1.8%)
On limited share trading volume, Estia’s share price has increased 26% over 13 weeks, from…
ACFA recommends keeping $32B RAD system, going against Royal Commission recommendation
The Aged Care Financing Authority (ACFA) has warned that suddenly scrapping the system of Refundable…