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Featured articles for Retirement Villages

Village operators cannot ignore dementia and their responsibilities - Alzheimer's Australia

November 23, 2015 News

Alzheimers Australia has just completed a study of retirement villages in conjunction with the Retirement Living Council. With the average age of village residents now at 81, one in eight residents will develop dementia. Read Story

Australian Unity focuses on NSW for retirement village growth

November 18, 2015 News

Derek McMillan’s retirement arm of Australian Unity is seeking out government land releases in Sydney to build integrated vertical retirement villages and aged care along the model of their Melbourne Rathdown Place development. Read Story

Harry Triguboff targets retirement villages for apartment growth

November 13, 2015 News

Australia’s second richest man, the creator of the Meriton apartment group, Harry Triguboff, has announced his next strategic move is likely to be retirement villages. Read Story

Brisbane Council wants to incentivise inner suburb villages and aged care development

November 13, 2015 News

Brisbane Lord Mayor Graham Quirk (pictured) says his council is working on policy that within six months should make inner suburban retirement village and care developments economically more attractive. Read Story

Apartments on the boil – Goodwin selling five a month at Crace

November 12, 2015 News

Demonstrating the consumer acceptance of vertical retirement villages made up of apartments, not-for-profit operator Goodwin in the ACT has nearly sold out its 70 apartments in Stage One of it’s The Central development in the outer suburb of Crace. Read Story

Aveo hitting the international investor pulse

November 12, 2015 News

Aveo has single-handedly dragged the professional investor market back into the Australian retirement village sector where it has been missing since March 2008. Last Wednesday Aveo’s share price hit $3.10 before settling back to $2.94 today – still a long way from $1.00 where it sat 29 months ago when Geoff Grady (pictured) took over as CEO. Read Story

Chinese township slaughters 86 dogs and feeds them to retirement homes

November 11, 2015 News

Zhiyan is a national heritage village, with 700-year-old artefacts, located several hundred kilometers south-west of Shanghai. The local village authorities want to enhance its tourism potential. Read Story

‘Coffin Dodgers’ new Xbox battle game in retirement village

November 11, 2015 News

Hard to believe but an Xbox/PlayStation game has been launched targeting young online players - it is called Coffin Dodgers. Read Story

Living Choice expands in Adelaide on back of UDIA win

November 10, 2015 News

Graham Hobbs and Ian Tregoning’s retirement group, Living Choice, has had its 140 apartment Fullarton development in Adelaide named Best Senior Living project at the 2015 UDIA (SA) Awards for Excellence. Read Story

Kim Teudt makes her first village acquisition for Churches of Christ

November 06, 2015 News

Retirement village veteran Kim Teudt has executed the purchase of the 91 unit Regency Park Village in Warwick (QLD). The sellers were Marcus Barlow and Edward Barber. Read Story

Loretta Byers leads prestige 100 apartment Adelaide development

November 06, 2015 News

18 months ago the Adelaide scrap metal family, the Browns, approached retired retirement village veteran Loretta Byers to guide them in creating an iconic retirement village overlooking Adelaide CBD. Read Story

QLD’s Sundale to double its Nambour residents to 600

November 04, 2015 News

Sundale CEO Glen Bunney’s centrepiece village in the centre of Nambour township, 100 km north of Brisbane, will grow from 300 residents to 600 residents if recent development plans are approved by Council. Read Story

Corporatisation of retirement villages and aged care – it’s real

November 03, 2015 News

In May we predicted that large corporations would come to dominate the future of the retirement village sector. We should have added the aged care sector as well. Read Story

RSL Care and RDNS to merge creating the largest integrated care group

November 03, 2015 News

The Boards of QLD based RSL Care and Victorian based RDNS announced today they will merge, creating an operation valued at $1 billion with revenue of $500M. Read Story

Eureka acquires three more rental villages, raises $10M and Robin Levison moves to Executive Chairman on the back of 360% share price growth

November 02, 2015 News

Dedicated rental village operator Eureka has acquired three rental villages in Wynnum, Terranora and Rockhampton, taking them to 885 owned rental village units and 771 managed units. They also have seven additional rental village opportunities in the pipeline. They do not operate retirement villages. Read Story

NZ retirement village operator Summerset sales jump 47%

November 02, 2015 News

No.3 retirement village operator in the NZ market, Summerset, has seen its sales in actual retirement village unit numbers jump by 47% this calendar year over last. In nine months they have sold 432 retirement village units with 243 of these being new retirement village stock. Read Story

Telstra rapidly making eHealth a realistic requirement for retirement villages

October 29, 2015 News

Launched in February 2013 (just 32 months ago), Telstra Health has acquired a substantial suite of software and service providors which are now being taken up by leading residential aged care operators and home and community providors. This will be a game changer for retirement village operators providing care support to residents. Read Story

St Ives commits to home care and retirement villages

October 28, 2015 News

The parent company behind St Ives retirement villages and home care operations, the RAC (Royal Automobile Club of WA) has recommitted to villages in Perth and aggressive expansion of its home care business across the country. Read Story

Lend Lease commits to growth by acquisition, seeking capital partners

October 28, 2015 News

Michael Eggington’s growth aspirations for Lend Lease retirement villages have always been limited by the competitive access to funds within the corporation. Projects that can earn more money faster in residential development or infrastructure have won support ahead of retirement villages. Read Story

Retirement village staff increasingly exposed to work stress - creating new stresses for owners

October 27, 2015 News

Historically retirement village owners have not had to be too concerned about work-related stress with their limited staff. This is rapidly changing as the profile of retirement village residents narrows to the seriously elderly, thanks to increased government emphasis on ‘staying in the family home’ to receive care. Read Story

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