Retirement Living Breakfast: The lay of the land

The Property Council’s first retirement living series breakfast of 2017, held on Wednesday 22 March, saw three industry experts explore the key economic trends for seniors’ housing that will affect the sector in 2017.

Catherine Wells, Director – O’Hara Wells, started the session by providing a comprehensive breakdown on the 70 plus population projections within South East Queensland,  along with seniors’ housing penetration rates for retirement villages and manufactured homes across the region.

Warren Harris, Major Capital Works Manager – BlueCare, focused on the challenges and opportunities facing the industry in delivering a ‘pipeline’ of seniors’ housing. A key take out being that to be successful, you have to take a risk, back yourself and the team you have around you, and be willing to jump over many hurdles along the way.

Todd Pepper, Executive Director – Alceon, introduced the joint venture Orianna Resort Group that will deliver lifestyle resort communities.  Todd’s presentation touched on the options available to retirees with a focus on residential parks, along with the government policy settings and economic settings that are affecting the industry.

Moderated by Aileen Stewart, Regional Manager – Stockland, and chair of the Property Council’s Queensland Retirement Living Committee, an audience question and answer session followed the presentations, with the speakers exploring the key issues constraining the industry’s development pipeline and land availability.

The Property Council would like to thank our speakers for sharing their expertise, and MinterEllison for hosting the Retirement Living breakfast series.

The Property Council will be hosting the Queensland Retirement Living Conference on 2 June, exploring how and why potential customers’ needs are changing, along with examining how a range of industry experts are keeping one step ahead of the constant wave of change. 

Photos from the event can be found here.

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