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Following last week’s report that US operator of mobile park homes, Hometown America, was looking at a purchase of WA’s National Lifestyle Villages income assets, this week it is understood the Singapore government’s sovereign wealth fund GIC is also checking out National Lifestyle villages.
The Department of Health has opened allocations for over 10,000 national residential aged care places for next FY this week, after widely advertising on a range of channels over the weekend.
With the Estia share price at just over 50% of what it was floated for in December 2014 despite a number of acquisitions, the discussion around town is will somebody make a move to buy it cheap.
Delivering a further shock to the Estia board, its CEO Paul Gregersen resigned last week, effective immediately but agreeing to be available as a consultant.
The 51 workers at Park Lane Residential Aged Care in Melbourne’s Croydon North will each take home over $37,000 after the division one win in last week’s Tattslotto draw.
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