Retirement

Retirement village operator RetireAustralia says demand has never been so strong as it rolls out hundreds of new units while also integrating its ‘continuity of care strategy’.

A simple, four bedroom home in the outer Western Suburbs has set a massive new price record – obliterating the previous mark by more than 25 per cent.

Over the next decade, the number of Baby Boomers passing retirement age is set to soar by a whopping 50 per cent.

New player Levande plans to develop more retirement villages and upgrade its existing lifestyle communities after its near-billion dollar entry into the Australian market.

A group of local investors sold the central site to New Zealand-listed Ryman Healthcare as it looks to capitalise on demand for retirement and residential developments.

Development giant Lendlease is stepping up its balance sheet clean-up, selling a 25% interest in its $1.8bn retirement living business to superannuation fund Aware Super. While the terms were not disclosed, the disposal amounts to …