As China tackles its population growth problems between shortages of housing and lack of affordable housing options, the China Post is reporting that the Chinese government anticipates rolling out reverse mortgages in 2012 to deal with a growing population that needs options to age in place.  The program will be available to citizens over 65 [...]

[Read more →]

Europeans retirees want to retire in warmer climates and predominantly in countries other than their own according to a new survey of 7,500 European workers from Aon Consulting.  Spain was the most popular retirement destination and also had the highest percentage of respondents who were citizens that wanted to remain in their home country for [...]

[Read more →]

The Singapore government recently announced that it is increasing funding for its Silver Community Test Bed Programme to $10 million over the next two years.  The third grant call is being supported by the EDB-MOH Health & Wellness Programme Office (HWPO) and is looking for technologies to pilot care innovation that will support the following [...]

[Read more →]

Think senior living is big in the United States?  Expand your horizons.  Senior housing is a world wide phenomenon and the Asia-Pacific rim has the largest concentration of the global aging population.  Retirement Communities World Asia is hosting a retirement property development and investment forum that brings together developers, healthcare operators,

[Read more →]

Carlyle Group and TPG Capital agreed Monday to acquire Australia’s Healthscope for for $2 Billion.  Healthscope is Australia’s second largest hospital operator in the country with 43 private hospitals and owns 45 medical clinics and operates pathology services in Australia, New Zealand and Southeast Asia.

[Read more →]

What is the easiest way for retirees to get involved in their local communities if they retire abroad?  Civic engagement and volunteerism provide the easiest and sometimes cheapest ways for retirees to acclimate themselves into a foreign culture during their retirement years.  The International Community Foundation recently released its report “Civic Engagement, Volunteerism and Charitable [...]

[Read more →]

It seems that Canada’s senior housing market is in synch with the US according to data recently released in Canada Mortgage and Housing Corporation’s (CMHC) Seniors Housing Report.  The survey showed that the vacancy rate rose slightly to 10.7% for the early part of 2010 in comparison to 10.2% for the same time period in [...]

[Read more →]

The Canadian government recently celebrated a grand opening and ground breaking for two new senior housing projects for low-income seniors.   Local politicians announced the opening of a $1.7 million project with 23 new affordable housing rental units for low-income seniors in Elgin County and the ground breaking for a new project for 52 units in [...]

[Read more →]

Representatives from the Canadian and Ontario governments announced funding in May for more than $1.7 million for 23 new affordable housing rental units for low-income seniors and persons with disabilities.  The project for affordable senior apartments received more than $1.7 million and the federal and provincial funding is complemented by more than $361,000 in municipal [...]

[Read more →]

By Mauricio Monroy (Adapted from “Tax Incentives and the 50-Plus To Retire In Mexico) As the North American 50+ population looks to retire after the pain of a severe global economic crisis, retiring in Mexico will offer the benefits of a hospitable low-cost environment in the charm of pristine beaches with either lush tropical or [...]

[Read more →]

Last month, Revera took ownership of Okotoks’ newest retirement residence located in Alberta, Canada.  Revera, which owns and operates 95 retirement residences across Canada, purchased the partially completed retirement community out of receivership and plans to work on completing the construction of the project by February 2011 with a grand opening slated for March 2011.  [...]

[Read more →]

Chartwell Seniors Housing Real Estate Investment Trust (CA:CSH.UN) announced that it completed the previously-announced acquisition from ING Real Estate Investment Management Australia PTY Limited and its affiliates ("ING") of the remaining 50% ownership interests in six retirement home properties located in the United States ("Meridian portfolio"). Chartwell expects to complete the previously-announced acquisition from ING [...]

[Read more →]