Aged Care

Aged care and retirement market news, insights and trends.

Highton aged care site ready to roll after $3.6m sale
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Highton aged care site ready to roll after $3.6m sale
Plans for a three-storey aged care development on a prominent Highton site look set to go ahead after it sold for $3.6 million.
Aged care company on-sells Geelong site with approval for 122 beds
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Aged care company on-sells Geelong site with approval for 122 beds
A Highton site of an approved 122-bed, three-storey aged care facility is on the market.
Aveo supports Brookfield retirement living takeover bid
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Aveo supports Brookfield retirement living takeover bid
Canadian behemoth Brookfield has won a major foothold in Australia’s retirement living sector, with Aveo shareholders voting to approve its takeover scheme.
Melton aged care facility to be auctioned online
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Melton aged care facility to be auctioned online
A Melbourne nursing home with an estimated $8 million price tag is set to go under the hammer in a live online auction later this year.
$60m enviro boost for Canberra retirement village
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$60m enviro boost for Canberra retirement village
A new seniors living village slated for Canberra will be given a $60 million environmentally friendly boost from the federal government’s green energy fund.
Retirement village coming to University of Wollongong
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Retirement village coming to University of Wollongong
Students at the University of Wollongong will soon share their campus with retirees as part of a $500 million deal with Leadlease to build an integrated health and wellbeing hub.
Interest builds for $1bn Aveo retirement village portfolio
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Interest builds for $1bn Aveo retirement village portfolio
The world’s largest private equity players, including US groups Cerberus Capital Management and Blackstone, are in the race for Aveo Group’s $1 billion retirement village portfolio but investor hopes of a premium may not be realised.
Why ‘alternative’ investments are dominating market
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Why ‘alternative’ investments are dominating market
The rapid expansion of health and aged care, student accommodation and data centres saw alternative assets show the fastest growth for JLL in Australia with revenue increasing 70% for the nine months to September compared with 2017.
Aveo could cash in $75m former Marist Brothers farm
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Aveo could cash in $75m former Marist Brothers farm
Aveo, bruised retirement village operator, could be poised to cash in a painful Gold Coast asset as it prepares to lift its operations, literally, in the tourism capital.
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