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Featured articles for Retirement Villages

Aveo to develop 2,500 retirement village over 15 years at Springfield

May 28, 2015 News

Springfield Land Corporation has appointed Aveo the exclusive development partner of retirement village and other health facilities in its “Health City” campus just to the east of Ipswich. Read Story

Phil Smith’s property market report card – 30 MHE and retirement villages for sale plus $500k for aged care beds

May 26, 2015 News

With 30% increases in share values across the board for operators of retirement villages and other forms of seniors accommodation over the last five months, it is worth revisiting Phil Smith’s presentation at the LEADERS SUMMIT in March. (Phil is National Director Healthcare and Retirement Living at Colliers). Read Story

Institutional investors warm to rental retirement village operator Eureka with $8M placement

May 26, 2015 News

Small listed rental retirement village operator Eureka has raised $8M from institutional investors, to fund further rental village acquisitions. Read Story

Victorian MHE operator Lifestyle Communities acquires 12th site while share price jumps 34%

May 25, 2015 News

James Kelly’s Lifestyle Communities has contracted to pay $11.45 million to purchase an MHE site within Australand’s Berwick Waters estate in Clyde North, 60kl SW of Melbourne near Cranbourne (where they already have an established community). Read Story

Ongoing beer sales and membership pushes Liverpool golf club to develop retirement villages concepts

May 25, 2015 News

Liverpool Golf Club has decided to keep its senior beer drinkers and members close to home by carving off their 2.2 hectare driving range to build 100 to 150 homes for seniors living style retirement village. They will however sell them as house and land packages to members. Read Story

New Zealand’s retirement village population grows by 38% in three years with no capital gain

May 22, 2015 News

Jones Lang LaSalle NZ has just released a study that reveals 33,000 New Zealanders now live in retirement villages, up from 24,000 three years ago – a jump of 38%. Read Story

IRT gets approval for eight story CBD retirement village

May 22, 2015 News

Wollongong (100kl south of Sydney) based community Not For Profit village and care operator IRT has won planning approval for a $55 million retirement village complex in Wollongong CBD. Read Story

Lifemark Technical Review members being called – retirement village operators and residents

May 18, 2015 News

The Property Council is now seeking expressions of interest and retirement village operator and resident representatives to be part of the Technical Committee to conduct the first review of the Lifemark Village Scheme’s operating rules and its 26 standards. Read Story

Living Choice buys Adelaide retirement village

May 15, 2015 Moving into a village

Just three months after opening Living Choice Fullarton, a 140-apartment retirement village in Adelaide, Living Choice has announced the acquisition of Fernleigh Gardens Retirement Estate in Woodcroft, also in Adelaide. Read Story

Goodwin’s Monash Green wins Best Retirement Village Development

May 15, 2015 Types of villages

Canberra’s Monash Green Retirement Village, operated by Goodwin, has won the 2015 Lend Lease Award for Best Retirement Living Development at the Property Council’s Innovation and Excellence Awards. Read Story

Tim Russell resigns as CEO (and Founder) of retirement village operator RetireAustralia

May 13, 2015 Moving into a village

In a surprise announcement Tim Russell is leaving the RetireAustralia, a company he founded 10 years ago. Read Story

Aveo launches ‘game changing’ retirement village contract

May 13, 2015 Financial considerations

Following 18 months of research and product development Aveo has launched ‘The Aveo Way’, a much simplified financial model that prospective residents will more easily understand. Read Story

Another club to build retirement village apartment after $19M purchase

May 12, 2015 News

The West Group, a not for profit group of social clubs based in Newcastle (NSW), has invested $19M to purchase one of its own club houses, located in the Newcastle CBD, with plans to build retirement village style accommodation. Read Story

Two retirement village residents die in NSW floods

May 12, 2015 News

Two neighbours in a retirement village located in rural Dungog were drowned in the flash storm that struck coastal NSW last week. Over 300mm fell on Dungog in 24 hours. Read Story

Electric blanket fire causes $200,000 damage to retirement village home

May 08, 2015 News

Maintaining the rate of at least one house fire every two months in a retirement village, a faulty electric blanket caused a fire in South Australia last week. It occurred at midnight with the female resident escaping unharmed. Read Story

Eureka buys another rental retirement village

May 08, 2015 Types of villages

Listed rental retirement village operator Eureka has announced the purchase of an 80 unit rental village in Lismore (NSW) for $4M, which they forecast will generate annual revenue of $1.2 million and a net (EBITDA) return of $600,000p.a. This equates to a cost of $50,000 per 47sqm rental unit. Read Story

Robin Levison explains the rental village business model and the retirement village business model at the Leaders Summit 2015

May 07, 2015 News

Robin Levison, chairman of Eureka Group holdings, explains the rental village business model and the retirement village business model at the Leaders Summit. Read Story

Steve Muggleton resigns RDNS for new CEO position

May 07, 2015 Moving into a village

Four years after his appointment as CEO of the Royal District Nursing Service (RDNS) with a mandate for change, Steve Muggleton says his job is done and is moving to another as yet unnamed CEO position in the care sector. Read Story

A Better Way to Live: Stockland Retirement Villages

April 10, 2015 Life in a Village

One of the largest, annual surveys of retirees, involving the majority of the 10,000 residents of 62 Stockland Retirement Villages across Australia, has revealed that one of the secrets to a happy life in retirement is to maintain an active social life as part of a well-connected and supportive community. Read Story

Six star retirement village features incoming residents on its construction hoardings

April 10, 2015 News

With village apartments topping out at $3 million+ at the Mark Moran Vaucluse retirement village and care project the new residents who have placed deposits are obviously excited. So much so that they have happily agreed to feature in huge hoardings around the development site promoting the new village. Read Story

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