The Tuesday SOURCE

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...

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Ian Horswill

16 hours ago

Community Living

Simon Owen growing Over 50s and all-age operator 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.

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Ian Horswill

17 hours ago

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.

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Ian Horswill

20 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.

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Ian Horswill

18 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).

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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.

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Ian Horswill

19 Aug 2025

Development

Catholic Healthcare launches final stage of McQuoin Park connected community in Sydney

Not For Profit Catholic Healthcare, along with construction partner Growthbuilt, celebrated the turning of the sod to commemorate the construction of the final 79 apartments of McQuion Park Retirement Village in Wahroonga, 18km northwest of Sydney’s CBD.

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Ian Horswill

18 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.

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Ian Horswill

18 Aug 2025

Development

Sod turned on 372-home Ingenia Lifestyle Kō in Gordonvale, Far North Queensland

ASX-listed Ingenia Communities has broken ground on its 29th land lease community – and its first in Far North Queensland – with a sod-turning ceremony at Ingenia Lifestyle Kō in Gordonvale.

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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.

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Ian Horswill

18 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.

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Ian Horswill

19 Aug 2025

Housing News

Uniting NSW.ACT secures $1.75M grant for social housing energy upgrades

Uniting NSW.ACT has received $1.75 million from the Australian and NSW Governments to deliver energy-efficient upgrades – including hot water heat pumps, reverse-cycle air conditioners and solar panels – across 300 of its community housing units.

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Ian Horswill

18 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.

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Ian Horswill

19 Aug 2025