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The new facility at Thornton Park in Penrith will be home to 48 retirement living units and a 104-bed aged care home, as well as provide home care services to residents and the wider community.
The private company, led by founder Jon Kontopos – a colleague of Bill Moss – increased its initial $2M offer after it attracted stronger than expected interest from a number of high-profile investors.
The 160-bed Karingal Green aged care home will be built by the family-owned operator at High Wycombe, 18km from the Perth CBD.
With the decision of Illana Halliday to pull up stumps after five years as head of ACSA NSW, Craig Bosworth has stepped in for three months while a recruitment process is carried out.
Despite being listed on the Stock Exchange, Eureka Communities has been running on the smell of an oily rag to keep costs down. Robin Levison has been the Executive Chairman with Greg Rekers acting as Managing Director while also running his Navigator Property Group on the Gold Coast.
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