Topic - Acquisitions

Gateway acquires ACT land lease community/motel for $17M

Apr 18 2017 Updated May 3, 2023

The Weekly Source

1 min read

Listed land lease community operator Gateway Lifestyle has purchased the Sundown motor resort and village in Symonston, 11km from the Canberra CBD.

It has 88 manufactured homes, a 100-room motel and conference facilities on 9.3ha.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

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Caroline Egan

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

24 Jun 2025

Why home care prices must rise under Support at Home: StewartBrown

Home care operator’s operating results have declined nearly 50% in the last four years, from $5.67 per client per day (pcpd) in the March 2021 quarter to $3.13 pcpd in March 2025, according to StewartBrown’s March quarter 2024-25 Aged Care Financial Performance Survey.

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Scyne Advisory wins $1.6M Support at Home pricing contract

The Independent Health and Aged Care Pricing Authority (IHACPA) has awarded the $1.6 million contract for the 2025 Support at Home Cost Collection to Scyne Advisory – the consultancy firm spun out of PwC in 2023 and now owned by private equity...

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SATURDAY exclusive: “Still waiting”: The real toll of aged care delays

When aged care executive Meghan Hird submitted a referral to My Aged Care for her father in September 2024, she expected a system that would show up. 10 months later, with his Alzheimer’s progressing to mid-stage dementia, they are still waiting...

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Six Whiddon-led Collaborative Health Care Initiative pilots go live in regional NSW

Six 12-week pilots under the Collaborative Health Care Initiative have commenced with the aim of improve aged care in regional Australia. Led by Whiddon CEO Chris Mamarelis, the project bridges gaps between the aged care and broader healthcare systems.

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Caroline Egan

02 Jul 2025