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Eureka continues to mop up rental villages across the eastern seaboard, purchasing its second village in Mackay. They paid $1.16 million to the receiver of the 38 unit village which also included a community centre with its large commercial kitchen. This equates to $30,526 per unit.
Home care digital disruptor, Better Caring, has raised a further $3 million – this time from venture capitalist Ellerston Capital. This is Better Caring’s fourth round of funding since 2013.
Following the turmoil of the hasty departure of its major shareholders and collapse in its share price, Estia Health’s board has announced Norah Barlow as its permanent CEO.
A new, small retirement village development set to open in north Bali in January 2017 is promising just that.
Last week we stated that Roger Kwok’s Hidden Valley is the largest retirement village currently in development in Australia (50km north of Melbourne), with a planned 537 units and 128 in stage one just commenced.
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