Arcadia Group owner and WA Retirement Living Committee Member, Roger Kwok, is looking to expand via retirement village acquisitions and development in other states. Kwok now have six villages in WA including his recent purchase at Bicton north of Perth. He has secured overseas funding to support his Bendigo and Adelaide Bank facilities to build a pure play retirement village business. Preparing for further acquisitions, he has recently built his executive team, creating 50 years village experience.
Opinion
New retirement report’s golden nugget for village operators is on the final page
There is one sentence on Page 15 of the Downsizing Australia report by ASX-listed land lease community operator GemLife and the leading property website realestate.com.au that should be read by all operators: “For downsizers, the home itself must feel like an upgrade, not a compromise,?”
