Co-lo­ca­tion

Sunday Star-Times - - BUSINESS | COVER STORY -

Aged care co-lo­cated with a vil­lage. ‘‘There has been a big push in this area of the mar­ket as it’s not eco­nomic to build green­field stand­alone care fa­cil­i­ties so co-lo­ca­tion has been the sec­tor’s an­swer to new sup­ply,’’ Gunn said. ‘‘Gen­er­ally any loss on the care fa­cil­ity build is off­set by the prof­its gen­er­ated from the first-time sale of re­tire­ment units.’’

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