Australia’s Retirement Village Industry Under Siege
In any form of real-estate, the public airing of storiess where residents get back just $94,000 from an initial outlay of $250,000 cause a stir.
Retirement Village Industry Cleans up its Act
Nationally consistent legislation and contracts, better training and an industry code of conduct have emerged as critical parts of an eight-point plan developed by Australia’s retirement...
Property Industry Braces for the Silver Tsunami
The retirement living industry is set for a major shake-up in coming years as the baby boomers enter the market redefining senior’s accommodation.
Ryman Confirms Expansion to Third Melbourne Site
New Zealand retirement village operator Ryman Healthcare is to spend $NZ200 million ($A183.13 million) building its third village in Melbourne.
How Do We Design Cities for the Third Age?
Not everyone wants a sea or tree change in retirement. An increasing number of people are deciding to stay put in the cities they know...
Is Having “Old People Everywhere” a Problem?
A Pattern Language, a seminal work on architecture and urban planning by Christopher Alexander, Murray Silverstein, and Sara Ishikawa, lists as pattern #40, “Old People Everywhere.”...
Looming Seniors’ Housing Crisis: Report
Australia will face a seniors’ housing crisis without “urgent change” to state and local planning systems to enable the development of more retirement villages, according to...
Resilience Across a Lifetime
The buildings that we construct may be able to stand the test of time, but are they necessarily suitable for a lifetime?
NZ: Retirement Village Planned for North Shore
Ryman Healthcare has entered into a long-term lease with iwi Ngati Whatua Orakei for a 300-resident development on former navy land valued at $6.8 million on...
Private Equity Firm Buying Up Retirement Assets
Blackstone Group LP has bought Lendlease Group's portfolio of five retirement villages in New Zealand for an undisclosed sum.
Property Values Help Metlifecare Lift Profit
New Zealand's second-largest listed retirement village operator Metlifecare has lifted annual profit 78 per cent after its properties jumped in value.
Metlifecare Expects Annual Profit Jump
The country's second-largest listed retirement village operator Metlifecare has signalled full-year underlying profit may rise about 13 per cent as it expands.
Summerset Posted 10% Gain
Summerset Group, New Zealand's third-largest listed retirement village operator, posted a 10 per cent gain in annual earnings and said it expects benefits from last year's...