Aged Care

Plans are afoot for multi-million dollar shopping centre, retirement village and hotel development that would transform a vacant block in the northern suburbs of Mackay.

Seniors living and aged care is tipped to become an increasingly hot sector in South East Queensland, with industry commentators predicting a boom in vertical ‘apartment-style’ aged care villages integrated with allied care.

North Manly’s Warringah Golf Course clubhouse will be no more, after an aged care provider bought it for an undisclosed sum.

REST Super has succeeded in fighting off attempts by the listed Aveo Group to block it from attempting to dislodge the aged care outfit as manager of the Retirement Villages Group real estate trust. This article originally appeared on theaustralian.com.au/property.

The Salvation Army is selling a large parcel of land in Dee Why it has held for 124 years.

Aged care market darlings ­Japara Healthcare, Regis Aged Care and Estia Health had almost $250 million wiped off their market values after being hit by a slew of analyst downgrades. This article originally appeared on theaustralian.com.au/property.

Retirement group Aveo is understood to be in talks with REST ­Industry Super as it chases long-held plans to gain a 100% stake in the unlisted retirement group RVG. This article originally appeared on theaustralian.com/property.

Private aged care group Arcare will double its number of beds under management within two years as it extends its lead as the largest privately owned group in the sector. This article originally appeared on theaustralian.com.au/property.

Student accommodation heavyweight Campus Living Villages has kicked off a review of its capital requirements that could result in the first listing of its kind on the ASX. This article originally appeared on theaustralian.com.au/property.