As the aged care royal commission has exposed, the sector had problems well before COVID-19 infections spread and hundreds died in facilities nationwide.
Aged care and retirement living provider Bethanie has acquired Berrington Care Group's Subiaco and Como centres, which it expects to operate early next year. The sale comes five months after Berrington went into administration.
Fifteen businesses have expressed an interest in buying Berrington Care Group, an aged care provider which went into administration earlier this month, while residents consider options for nearly $125 million of deposits.
Sitting empty for three decades, the old Swanbourne Hospital site has been given a new lease of life, reopening as a high-end aged care residence and function venue.
Service providers and developers are pursuing opportunities in WA's growing aged care and retirement sector, with a pipeline of property overhauls and new builds worth more than $500 million.
