Lend Lease Retirement Living

Lend Lease Retirement Living

Type	Strategic Business Unit
Industry	Retirement
Founded	1992
Headquarters	Melbourne, Australia
Website	www.retirementbylendlease.com.au

Lend Lease Retirement Living is part of the Lend Lease Group.^[1]

Lend Lease Retirement Living constructs, develops, owns and manages retirement villages. Lend Lease Retirement Living offers pre-sold developments and sells units to prospective residents and manages those facilities for a fee. With over 70 villages, Lend Lease Retirement Living is the largest developer, owner and operator of retirement villages in Australia and New Zealand.^[2]

The business also provides "Independent Living Units", "Independent Living Apartments" and "Serviced Apartments"^[3] to seniors which provides an independent lifestyle to residents while affording a secure location, companionship through the retirement village community and social activities and 24-hour emergency assistance.^[4]

History

The business was originally conducted under the Primelife brand.

On 13 August 2007 the company restructured and changed its name to Babcock and Brown Communities.

In 2010, Babcock and Brown was acquired by Lend Lease, with the business rebranded as Lend Lease Primelife.

In 2011, Lend Lease moved to a single entity platform, with all business units adopting the name Lend Lease for consistency.

In March 2013 the business divested its aged care homes to Allity, a business owned by Australian Aged Care Partners.^[5]

Retirement Living in Australia and New Zealand

In Australia, Lend Lease Retirement Living villages include:

Australian Capital Territory^[6]

Isabella Gardens, Isabella Plains

New South Wales^[7]

Annesley Bowral, Bowral
Ashton Gardens, East Maitland
Brentwood Village, Kincumber
Closebourne Village, Morpeth
Coastal Waters, Worrowing Heights
Glenaeon, Belrose
Henry Kendall Gardens, Wyoming
Lakeside Retirement Village, Bonnells Bay
Little Bay Apartments, Little Bay
Lutanda Manor, Pennant Hills
Nelsons Grove, Pemulwuy
Pittwater Village, Mona Vale
Rochford Place, Ropes Crossing

Queensland^[8]

Allora Gardens, Maroochydore
Argyle Gardens, Bundaberg
Buderim Gardens, Buderim
Carlyle Gardens Mackay, Mount Pleasant
Carlyle Gardens Townsville, Condon
Eaglemount Retirement Resort, Mackay
Hibiscus Bellflower, Sippy Downs
Hibiscus Buderim Meadows, Buderim Meadows
Hibiscus Chancellor Park, Sippy Downs
Hibiscus Nambour, Nambour
Hibiscus Noosa Outlook, Tewantin
Keperra Sanctuary, Keperra
The Gardens On Lindfield, Helensvale
The Lakes Bundaberg, Bundaberg North
The Terraces, Forest Lake

South Australia^[9]

Elliot Gardens, Port Elliot
Trinity Green, Mawson Lakes
Vermont Estate, South Plympton

Victoria^[10]

Abervale, Grovedale
Burwood Terrace, Burwood
Caesia Gardens, Caroline Springs
Evelyn Ridge, Mount Evelyn
Fiddlers Green, Berwick
Forest Hills, Nunawading
Goodwin Close, Blackburn
Heathglen, Werribee
Highvale, Glen Waverley
Koorootang Court, Mount Martha
Lexington Gardens, Springvale
Martha's Point, Mount Martha
Meadowvale, Pakenham
Peppertree Hill, Rowville
Port Phillip Village, Altona
Tannoch Brae, St Albans Park
The Brighton On Bay, Brighton
The Village Williamstown, Williamstown
The Links at Waterford, Rowville
Viewbank Gardens, Viewbank
Waterford Park, Knoxfield
Waterford Valley Lakes, Rowville
Woodlands Park, Berwick

Western Australia^[11]

Harbourside Village Mindarie, Mindarie
Homestay Village, Queens Park
Lakeside Village, Bibra Lake
Parkland Villas Booragoon, Booragoon
Parkland Villas Ellenbrook, Ellenbrook
Parkland Villas Mandurah, Mandurah
Parkland Villas Woodlands, Woodlands
The Pines, Ellenbrook
Timberside Villas, Woodvale

In New Zealand, Lend Lease Retirement Living villages include:

New Zealand (North Island)^[12]

Knightsbridge Village, North Shore City
Mayfair Village, North Shore City
Ocean Shores Village, Mount Maunganui
Parklane Village, Forrest Hill
The Peninsula Club, Whangaparaoa

Financial Performance

Over the 2011 and 2012 financial year resales of retirement village units by the firm grew by 22 per cent to $266 million and turnover grew by 15 per cent. Over the year, 1,007 independent living units were sold.^[13]

Lend Lease Group

Subsidiaries and divisions	Lend Lease Communities Lend Lease Infrastructure Lend Lease Project Management & Construction Lend Lease Residential Development Lend Lease Retirement

People	David Crawford Dick Dusseldorp

Other	Civil and Civic

Category

References

External links

This article is issued from Wikipedia - version of the Sunday, February 15, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.