This article is from the Australian Property Journal archive
EUREKA has acquired three Blue Care retirement villages in Queensland for $6 million.
The properties include Townsville Christine Court village with 20 units, Southprt Pioneer Place village on the Gold Coast with 35 units, and Margate Maiala Place village in Brisbane, with 44 units.
Blue Care will continue to provide residents at the sites with care services.
Eureka executive chairman Robin Levison said the acquisitions takes the total to 12 villages that will have been contracted and settled by the group in the 2016 financial year.
Eureka now owns 22 villages comprising 1,199 units, with a total of 31 villages over 1,980 units under management and a further seven villages in the ownership pipeline.
Australian Property Journal
