QLD operator Tall Trees inform us that they just achieved an average of three sales per month each across their five villages and moving to four per month after a revamp of their marketing proposition. Given an average price exceeding $400K and a significant DMF to fund services, they are demonstrating the attraction of providing care in place. Their model is full care but delivered under the Retirement Village Act. See http://www.villages.com.au/info-centre/post/retirement-villages/tall-trees-care-communities-introduction
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...