Ending seven months of heavy local protest against the sale, Monash Council agreed to sell Monash Gardens and Elizabeth Gardens to Royal Freemasons for $21.8M in cash. A petition of 10,000 names plus social media campaigns and the in 1867, operates five high care facilities in Melbourne plus 10 retirement villages. They will recruit from the 180 existing council care staff.
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...