Lend Lease Retirement (formerly Primelife, Lend Lease Primelife and Babcock and Brown Communities) is part of the Lend Lease Group.
Lend Lease Retirement constructs, develops, owns and manages retirement villages and other senior living facilities. It is listed on the Australian Stock Exchange and has a market capitalisation of $160 million. The company offers pre-sold developments and sells units to prospective residents and manages those facilities for a fee.
Lend Lease Retirement has over 70 operating retirement villages and aged care facilities across Australia and New Zealand as at September 2011, with fourteen new projects under construction, development and planning. More than 6500 residents live in Lend Lease Retirement facilities.
The company provides "Independent Living Units" and "Independent Living Apartments" to seniors which provides an independent lifestyle to residents while affording a secure location, companionship through the retirement village community and social activities and 24 hour emergency assistance. It also provides "Assisted Living Serviced Apartments" which provide cleaning, cooking and laundry services.
Read more about Lend Lease Retirement: History
Famous quotes containing the words lend, lease and/or retirement:
“O Sleepless as the river under thee,
Vaulting the sea, the prairies dreaming sod,
Unto us lowliest sometime sweep, descend
As of the curveship lend a myth to God.”
—Hart Crane (1899–1932)
“Shall I compare thee to a summer’s day?
Thou art more lovely and more temperate.
Rough winds do shake the darling buds of May,
And summer’s lease hath all too short a date.”
—William Shakespeare (1564–1616)
“The student who secures his coveted leisure and retirement by systematically shirking any labor necessary to man obtains but an ignoble and unprofitable leisure, defrauding himself of the experience which alone can make leisure fruitful.”
—Henry David Thoreau (1817–1862)