Summerset buys third Australian village site

Wed, 10 Mar 2021

Retirement village operator Summerset said it has bought a third site in Victoria, Australia and is planning to build a $170 million retirement village on it.The site is in the Chirnside Park suburb northeast of Melbourne and there are few quality retirement living options in the area."The over-75 population in Chirnside Park is forecast to grow by 60% over the next decade. Our retirement villages include supported living and a residential care centre, making it easy for residents to move when their needs change," said chief executive...

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