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We don’t have the full details yet but Patrick Smith from QLD’s Freedom Aged Care is reported to be behind the purchase of the 116 unit grand Pacific vertical retirement village at Southport.
The residents of the Wattle Grove retirement village in Cootamundra received a shock email from the operator, Geoff Hart (pictured), informing them that his company Baragen had ceased trading.
The race continues for size in the private aged care sector as Estia, Allity and Regis push for larger bed portfolios to build their attractiveness as new listings as public companies.
Assistant Minister for Social Services Senator Mitch Fifield launched homecaretoday.org.au, a new website to help older Australians and aged care providers prepare for the move to Consumer Directed Care (CDC).
The Lend Lease Abervale Village at Grovedale (near Geelong) has installed a 75KW solar system on its community facilities.
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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.
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