Peter and Dawn MacKenzies Embracia is adding a 170 bed multi story care facility to their two villages and ten care sites in VIC and QLD. The $24M investment is on the Milleara primary school site at Avondale Heights, near Moonee Valley.
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Stockland’s Halcyon brand emerges as runaway land lease leader
When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”