Sale of Lifestyle Manor Retirement Community

16 February 2022

Tags: Media

Wellbeing company Australian Unity has announced the sale of Lifestyle Manor Retirement Community to Continuing Health Care Group (CHC).

Wellbeing company Australian Unity has announced the sale of Lifestyle Manor Retirement Community to Continuing Health Care Group (CHC).

Australian Unity’s Executive General Manager of Residential Communities, Beverly Smith said:

“Over the past three years, we have been strategically reshaping our portfolio to accelerate our scale in co-located retirement and small-household aged care precincts.

“Unfortunately, we couldn’t source suitable land to add a small-household aged care offering to the Bondi precinct, so we decided to embark on a process to find a suitable provider to purchase Lifestyle Manor. That process resulted in the sale to CHC.

“Under the sale terms, all resident agreements have been transferred to CHC in their existing form and all village employees were offered the opportunity to continue in their current roles with CHC.

“Australian Unity is proud of the relationship we built over many years with the Lifestyle Manor community and believe CHC will retain this engagement with the residents, their committee, and employees.”

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