Housing News Aspen smashes FY25 guidance Aspen Group, led by Joint Chief Executives John Carter and David Dixon, has once again proved itself to be the unassuming hero of affordable housing. Click here Ian Horswill 10 hours ago
Mergers & Acquisitions Over 50s land lease communities operator Lincoln Place buys site for its biggest estate and promises more acquisitions In July 2023, Lincoln Place founders Nicholas Collishaw and Ben Hindmarsh told The Weekly SOURCE they expected to build in scale to be in the “top three in the (land lease) sector” Their latest acquisition - a 31.25ha site in the Yeppoon suburb... Click here Ian Horswill 21 Aug 2025
Community Living Simon Owen growing Eureka Group at pace, FY25 results show Eureka Group Holdings, the only pure play Over 50s rental villages operator, which also has moved to providing all-age rental communities under its new Managing Director and Chief Executive Officer, has increased revenue, underlying EBITDA, underlying profit, statutory net profit and occupancy. Click here Ian Horswill 21 Aug 2025
Community Living Stockland Halcyon land lease communities deliver 22% margin as sales easily top one a day In releasing its FY25 financial results, Stockland reported a 171% leap in full-year profit to $826 million ($305M 12 months ago) Its land lease communities brand Halcyon sold 573 homes, more than one a day, in the year at a 22% development operating profit margin and received $21 million in rental. Click here Ian Horswill 20 Aug 2025
Mergers & Acquisitions BaptistCare set to take over Sunrise Supported Living Tuncurry retirement village and home care service The Not For Profit has agreed to take over Sunrise Supported Living’s Tuncurry retirement village and home care service on the NSW Mid North Coast, adding what the operator calls “a new and proven aged care alternative” to its portfolio. Click here Ian Horswill 19 Aug 2025
Government Policy RLC’s Daniel Gannon tells Economic Reform Roundtable: retirement system stuck in the past Retirement Living Council Executive Director Daniel Gannon has told the Federal Economic Reform Roundtable that Australia’s retirement system is failing to keep pace with demographic and economic realities. Click here Ian Horswill 19 Aug 2025
Not for Profit Respect acquires NVC Group’s aged care homes and retirement villages in NSW The Not For Profit operator is strengthening its presence on the NSW Mid North Coast, acquiring three aged care homes and three retirement villages operated by NVC Group in the Nambucca and Macleay Valleys. Click here Ian Horswill 19 Aug 2025
Community Living Retirement village operator Keyton lifts profit to $146M in FY25 Keyton has reported a profit of $146 million for FY25, up 14.1% on the $128 million achieved the previous year, according to results released by part-owner Lendlease on Monday (18 August). Click here Ian Horswill 19 Aug 2025
Sector Moves/People Tomai Morris departs Retirement Living Council after seven years Tomai Morris, the inaugural Retirement Living Council Commercial Director in 2023, has decided to leave after seven years’ service. “She has shaped, coordinated, grown and delivered six National Retirement Living Summits and seven National Retirement Living Award programs,“ said ED Daniel Gannon. Click here Ian Horswill 18 Aug 2025
Living with Dementia SATURDAY is today’s talking point: Royce Simmons refuses to let dementia define him Diagnosed in 2021, league legend Royce Simmons OAM is showing that with grit, purpose and the right mindset, you can keep pushing back against dementia. Click here Ian Horswill 18 Aug 2025
Community Living First purpose-built Over 55s strata community in Springwood, Blue Mountains in 40 years Greenhays is a release of nine two-storey townhouses for over 55s in a strata title on the Great Western Highway in Springwood, 72km west of Sydney’s CBD. Three of the villas have been sold by listing agent Lister Estate Agents, which claims it is the first Over 55s community in over 40 years. Click here Ian Horswill 18 Aug 2025
Development Construction begins on $100M Liven Willow Rise land lease estate in Gympie as Stage 1 sells out in 24 hours A sod-turning ceremony has marked the start of construction at Liven Willow Rise, a $100 million lifestyle community on more than seven hectares in Gympie’s Southside, part of Queensland’s Greater Sunshine Coast. Click here Ian Horswill 18 Aug 2025
Community Living It took 11 years but Watermark Residences at Newgreens Chatswood is in a class of its own The just opened 106 apartment retirement village is the cornerstone of the rebirth of Chatswood Golf Club and will be the go to measure of a great village/club partnership. It is testament to the vision of Watermark Living, joint venture investor Pariter and Alan Hall-Watson, Golf Club President. Click here Ian Horswill 18 Aug 2025
