Topic - Housing News

Brisbane City Council rejects the city’s largest retirement and aged care project by TriCare

Nov 14 2017 Updated May 3, 2023

The Weekly Source

1 min read

Following TriCare’s decision not to reduce the height of its 16/14/9 story towers despite the Council advising they would not support these height, plus the impact of 868 submissions coordinated by the local community ProtectTaringa lobby group, the Council has rejected TriCare’s development application.

TriCare is considering its position.

Retirement villages have Canberra’s attention – now the sector must prove its value

Three years after Daniel Gannon took the reins of the Retirement Living Council (RLC), the sector has achieved something his predecessor Ben Myers was never able to: national recognition in Canberra. This is just the fist step. Retirement villages now need to capitalise on this moment. Here’s how.

Click here

Ian Horswill

02 Sep 2025

Legal Issues

NSW retirement village operators now required to file annual capital maintenance report

The NSW Government has finalised and published the Retirement Villages Regulation 2025 (NSW), bringing in a number of key changes for operators.

Click here

Ian Horswill

02 Sep 2025

Opinion

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

Click here

Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

Click here

Ian Horswill

08 Sep 2025

Brookfield offloads Aveo, targets US$10B American seniors housing giant

Fresh from selling Aveo for $3.85 billion, Brookfield Asset Management is looking to spend more than US$10 billion (A$15 billion) acquiring Yes! Communities, a major US manufactured home operator owned by Singapore’s sovereign wealth fund GIC.

Click here

Ian Horswill

15 hours ago

The Weekly SOURCE

Mergers & Acquisitions

LDK Seniors’ Living enters QLD with Brisbane bayside acquisition

LDK Seniors’ Living has secured its first Queensland site, purchasing a 2.1ha landholding in the bayside suburb of Brighton, 27.9km north of Brisbane’s CBD, from the Uniting Church.

Click here

Ian Horswill

16 hours ago

Mergers & Acquisitions

In the Headlines

Lifestyle Communities sells Ocean Grove land to pay down debt

ASX-listed land lease operator Lifestyle Communities has finalised the first of four land sales as part of a $114 million divestment program to cut debt.

Click here

Ian Horswill

17 hours ago

Mergers & Acquisitions

Land lease operator Lincoln Place gears up for ASX listing or $1B sale

In just six years, Nick Collishaw and Ben Hindmarsh have built Lincoln Place into one of the fastest-growing land lease operators, with 24 lifestyle communities across NSW, Victoria, Queensland and the ACT, housing 2,000 residents and a pipeline of around 4,500 dwellings.

Click here

Ian Horswill

17 hours ago