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Stockland has sold its four aged care facilities with 366 operating beds located in its retirement village portfolio across New South Wales and Victoria, plus a further in 92 bed licenses.
In NZ they clearly identify the 75+ age group as their core market. The average age of entry is 73 and average age of residents is 79.
UnitingCare NSW has announced a 10 building/352 apartment village to be built in Shellharbour, one hour south of Sydney, valued at $119 million.
Following seven years with Villa Maria (VIC), CEO Valerie Lyons has accepted the position of Executive Director with Uniting Age Well ( Victoria and Tasmania), commencing next January.
Fronditha Care in Melbourne has reached an agreement with the Federal government to recruit Greek speaking care workers from overseas.
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.