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Selected from 136 nominations, Living Choice Fullarton has been awarded the 2016 South Australian Development of the Year in the Property Council of Australia’s Innovation and Excellence Awards.
Arvida was created in late 2014 by pulling together 10 operators of 17 retirement villages in New Zealand and achieving agreement for them to combine and float the company on the NZ stock exchange. They raised $75 million with Arvida then valued at $210 million.
Sundale’s CEO Glenn Bunney is celebrating the approval of a 180 unit retirement village with 60 care beds located in Noosa. The $50M project has been in and out of council since 2013.
Frank and Teresa D'Agostino’s FTD Holdings has achieved a rezoning of an industrial warehouse location in Cabramatta (Sydney’s Southwest) based on a plan to build 500 residential units plus100 retirement village units and a 100 bed aged care facility. To our knowledge this is their first aged accommodation initiative.
Fu Wah International wants to buy into a major NZ retirement village operator to learn the business, in preparation for launching a retirement village operation in China. Fu Wah is owned by one of China’s richest women, Chan Laiwa (pictured). She started the business 28 years ago.
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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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