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Australia's only pure play retirement village operator listed on the Australian stock exchange, Aveo, hit a price of $3.26 last week.
Estia has won the bidding for the family owned Kennedy Health Care with a combination of cash paid out over nine months plus $50 million worth of Estia shares.
An Australian operator utilised the ‘Happy’ village resident music video to demonstrate how happy our residents are. The video is actually a Ryman of New Zealand video that has gone viral (8 million views) and is often the subject of a friendly challenge to Australians to do anything half as good.
Winner: Mandy Julian, Village Manager, Carlyle Gardens, QLD – RetireAustralia (left photo) Runners up: NSW - Mark Surace, IRT St Georges Basin SA/NT – Brian Lynch, Ridgehaven Rise (Stockland) VIC/TAS – Bernadette Bullock, Strathalan Community (Baptcare) Special mention – WA – Jemma Viney, Menora Village (Masonic Care - right photo)
The plenary speaker was Anne Burns Johnson, Executive Director of The Institute of Seniors Living, a Californian think tank for aged care CEOs. Amongst her many observations were:
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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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