Regis’ $25M Sale Signals Shift Away from Regional Aged Care Assets
Regis Healthcare has agreed to sell two aged care homes in Far North Queensland to Ozcare, securing a $25 million pre-tax gain and signaling a strategic portfolio shift towards premium locations.
- Sale of two aged care homes in Ayr and Home Hill, Queensland
- Expected one-off pre-tax gain of approximately $25 million in FY26
- Transaction supports Regis’ strategy to optimize and recycle capital
- Acquisition of two Victorian aged care homes completed on 1 December 2025
- Ozcare to ensure continuity of care for residents and staff post-sale
Strategic Portfolio Realignment
Regis Healthcare Limited has announced the sale of two residential aged care homes located in Ayr and Home Hill, Far North Queensland, to not-for-profit provider Ozcare. The transaction, involving 156 operational beds, is expected to generate a one-off pre-tax gain of around $25 million, which will be reflected in Regis’ financial results for the 2026 fiscal year.
This divestment is a clear move by Regis to streamline its national portfolio, focusing resources on high-demand, premium locations where it can maximize impact and returns. Managing Director and CEO Dr Linda Mellors emphasized the company’s commitment to a smooth transition, ensuring residents, families, and staff experience continuity of care throughout the handover.
Ozcare’s Expansion in North Queensland
Ozcare’s CEO Kevin Mercer welcomed the acquisition, highlighting the alignment between the two organisations’ missions to provide compassionate, person-centred care. The addition of Ayr and Home Hill homes strengthens Ozcare’s footprint in North Queensland, promising to build on the strong reputations these facilities have established under Regis’ stewardship.
The transaction is anticipated to complete by 1 March 2026, subject to customary conditions, marking a significant milestone in both organisations’ strategic growth plans.
Recent Acquisitions Bolster Victorian Presence
In parallel with this sale, Regis has recently completed the acquisition of two aged care homes; Ocean Mist on the Victorian Surf Coast and Drysdale Grove on the Bellarine Peninsula; as of 1 December 2025. These additions underscore Regis’ focus on premium locations, complementing its broader strategy to recycle capital from regional assets into areas with higher demand and growth potential.
With over 30 years in the aged care sector and a workforce exceeding 13,000 employees, Regis continues to position itself as a leading provider committed to quality care and sustainable growth.
Bottom Line?
Regis’ portfolio reshaping signals a sharper focus on premium markets, with financial gains poised to support future growth.
Questions in the middle?
- How will the sale impact Regis’ operational footprint and service delivery in Queensland?
- What are the long-term strategic plans for the newly acquired Victorian homes?
- Could further divestments or acquisitions be expected as Regis refines its portfolio?
