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Stockland has announced as of last week that the group will soon commence a $4.8million reconstruction and redevelopment project on their Gillin Park retirement village in Warrnambool, Victoria, in response to the modernity and expectations of incoming retirees and their growing demands for premium retirement living options.
Queensland’s premium retirement and lifestyle village operator Halcyon is celebrating the win of yet another award to their already-impressive list of accolades.
Listed operator has announced it has met its FY17 target of 190 new home settlements and is on track to deliver its promised profit result of $30 million.
The sale of the 56 units at Elizabeth East, Payneham South, Firle, Christies Beach, Christie Downs and Victor Harbor was negotiated by Colliers International’s director of Transaction Services for its Healthcare and Retirement Living product line, Justin Hazell.
The largest retirement village operator has been looking to take on a partner to drive its future growth, putting up a 50 per cent stake in its village portfolio.
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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.