Latest Retirement Living News

Aspen Group Limited reported a robust 18% increase in profit after tax to $57 million for FY25, driven by growth in both rental and development segments alongside strategic debt reduction and a $74 million equity raise.

Eureka Group Holdings Limited has reported a robust financial year ending June 2025, with net profit soaring 51.9% and a strategic portfolio expansion in seniors and affordable rental accommodation.

Swift Networks launches Swift TV, a Google-certified connected TV platform featuring a plug-and-play device and pre-loaded Netflix app, aiming to transform commercial entertainment spaces.

Aspen Group has secured a $19 million portfolio of 19 retirement village properties in Adelaide, aiming to convert leases and boost residential rental income over time.

A VCAT ruling has invalidated the Deferred Management Fee clause in Lifestyle Communities’ contracts due to disclosure issues, prompting an imminent appeal and contract revisions.

Summerset Holdings has reported its highest-ever quarterly sales of occupation rights, with 402 sales in Q2 2025, driving an 18% increase in first-half sales compared to 2024.

Eureka Group Holdings has appointed Simon Owen as Managing Director, consolidating his leadership role after serving as CEO since September 2024. The move signals confidence in his vision for growth in the property and rental sectors.

Oceania Healthcare Limited reported a robust FY25 with a 9.2% rise in sales volume and a 5.8% increase in comprehensive income, underpinned by a successful $500 million debt refinancing and operational enhancements.

Excite Technology Services has achieved positive EBITDA in December 2024, driven by strong revenue growth and record customer receipts, notably from its Digital Forensics division and the integration of CDFS.