Villages Info Centre

Rumours covered in the Financial Review state that Graeme Croft (pictured) and his sons are most likely to sell their development pipeline of 1,000 aged care beds to Archer Private Equity owned Allity.

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At our LEADRS SUMMIT in March Minter Ellison partner Robin Lyons clearly outlined the accelerating risk retirement village operators face as 'home care' is increasingly being marketed together with villages. He explained village operators are moving into the ‘duty of care’ arena.

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Aveo continues to aggressively press into retirement village tower developments. It has decided to build a 20 story village above its own offices at the Inner Brisbane suburb Newstead. CEO Geoff Grady says it will be ground-breaking stuff in Australia. Aveo is also building a village apartment tower at Clayfield in Brisbane to join its existing smaller scale tower village.

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“More and more grandparents are embracing social media and video-calling applications to be present for special family milestones, such as a grandchild’s first steps or distant relative’s birthday.” Nan Bosler – Australian Seniors Computer Clubs Association.

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“I mean, are you kidding? What’s not to love about retirement? No more daily grind, no more conforming to someone else’s schedule; time to do the things I want to do, wear the clothes I want to wear… oh yes…. Retirement will be brilliant. Can’t wait.”

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