
| IRT announces purchase of Links Seaside |
|
Wednesday, 6 January 2010 IRT is pleased to announce that it has reached an agreement to purchase the Links Seaside senior living facility from its current owners, Horizon Living and Horizon Care. Links Seaside is located on the corner of Corrimal and Ross Streets close to the Wollongong CBD, and adjacent to Wollongong Golf Club and City Beach. It currently comprises 154 independent living units, along with 90 aged care beds and 63 serviced apartments. The purchase of Links Seaside reflects IRT's strong financial position and confirms our standing as a leading provider in aged care and retirement living. IRT's purchase of Links Seaside secures the future of Links Seaside for current and future independent living and aged care residents, while providing a growth opportunity for IRT. We are pleased to include Links Seaside in our portfolio of properties. Links Seaside complements our existing property portfolio and provides an opportunity to meet the growing demand for IRT services in Wollongong. Like IRT, Links Seaside offers the highest standard of care for residents, ensuring they optimise their quality of life. IRT remains committed to providing all residents at all our sites with outstanding quality of care and retirement living options. Information on the IRT website relating to Links Seaside will be updated once IRT takes over as operator which is expected to be in the first quarter of 2010. If you would like to discuss further please contact IRT Accommodation & Customer Service on 1800 024 915. |