Continuing its progressive approach to new developments, Southern Cross
has commissioned the building of 231 ILUs in the northern Perth suburb of
Currambine, including 125 apartments, 78 single story ILUs and 28 terraced
ILUs, with a total project worth over $120 million. The lack of inner urban land
leads them to believe the vertical village will be acceptable to the market. The
land was brought to Southern Cross by Aspen Development who Southern Cross
have now commissioned to build the village to their requirements on a turn key
basis. Southern Cross General Manager Kevin Bown states this partnership
brings out the best in each of the private and not-for-profit organisations.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...