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The not-for-profit provider has submitted plans for 156 retirement living units at its Tobruk village in Austral. The units will be housed in six three-storey buildings and see the existing village expanded by 200 residents.
Sydney based lawyers Levitt Robinson is aggressively advertising plus approaching village resident committees to build a group of residents to take class actions against retirement village operators (see the ad above), and they are getting traction.
Following an out of this world track record of investments in the retirement village and aged care space, Sydney private equity group Quadrant has just purchased 50% of W.A. based St Ives Home Care for a suggested $150 million.
With many millions of dollars and long term business plans resting on the success or failure of ACAR applications, it is not surprising that the aged care sector is increasingly outsourcing to specialists the task of preparing ACAR applications.
The NZ-owned operator is planning to build the village at the Tarragindi Bowls Club, 8km south of the Brisbane CBD, after securing a 99-year lease on the site.
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