Topic - Aged Care

Uniting expands Sydney aged care facility with 137 village units

May 09 2017 Updated May 3, 2023

The Weekly Source

1 min read

An artist’s impression of the Bowden Brae Normanhurst development

The new ILUs will be built at its 106-bed Bowden Brae Normanhurst aged care facility on Sydney’s Upper North Shore, 28km northwest of the CBD.

The first stage of the redevelopment will be built by Cockram Constructions and will also feature a wellness centre, café and swimming pool.

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...

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Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

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Caroline Egan

09 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.

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Ian Horswill

08 Sep 2025

Opinion

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

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Ian Horswill

16 Sep 2025

Heritage Care found not guilty over deadly COVID-19 outbreak in 2020

A jury has found Victorian aged care provider Heritage Care did not breach the state’s Occupational Health and Safety laws by not properly training staff to use personal protective equipment (PPE) before a deadly COVID-19 outbreak.

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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.

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Government confirms AN-ACC price rise and 42% hotelling supplement boost

The Albanese Government has confirmed new funding increases for residential aged care from next month – including a significant 42% jump in the hotelling supplement. From 1 October 2025, the Australian National Aged Care Classification (AN-ACC)...

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Macquarie-backed Millbray enters land lease market with $2.9B fund and 5,000-home target

Macquarie Asset Management has officially unveiled Millbray, a new vertically integrated land lease communities group, with plans to deliver at least 5,000 homes along Australia’s eastern seaboard.

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Ian Horswill

09 Sep 2025