Stuart Nicolson. Chief Executive Officer – Seniors Living
Australia’s seniors living sector is going to experience increased demand moving forward as more baby boomers begin to wind down into retirement. In this Market Update series, Stuart Nicolson, chief executive officer, seniors living, at the ASX listed Folkestone details what advisers need to know about this burgeoning sector in order to better help their clients, as well as the investment opportunities this sector holds, now and in the future.
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In this course you will learn:
Stuart Nicolson /
Stuart joined Folkestone in November 2015. Stuart has over 30 years of experience in senior executive management roles, and over 10 years experience in the seniors living space, more recently as CEO at Retirement Alliance (formerly Becton). Stuart was instrumental in building the Retirement Alliance business which owned and managed senior living assets of over $700 million. Stuart developed and implemented a business strategy defined by quality construction, extensive facilities and amenities and a culture of high-level customer service to build a business that set industry benchmarks. Stuart formerly held senior positions at Melbourne Business School and Australian Dairy Corporation. Stuart is a past director of the Retirement Living Council and Retirement Villages Association and past director of the Melbourne Fringe Arts Festival.
What is the seniors living sector?
Australia’s seniors living sector is made up of a number of components including retirement villages, manufactured home estates and residential aged care facilities which provide different levels of care for the various consumer groups at the different stages of the ageing profile.01.
How will the seniors living sector evolve?
Australia has an ageing population which means there’s going to be even more demand placed on the seniors living sector going forward. Stuart Nicolson, Chief Executive Officer, Seniors Living, Folkestone, explains what this will mean for the sector moving forward and how it will challenge more traditional living arrangements and expectations.02.
What advisers need to know about seniors living
With more Australians entering or approaching retirement, advisers need to have a solid understanding of the levers they can pull in order to assist these clients to live the retirement they want. Stuart explains the three key areas advisers need to understand in order to have a productive conversation with clients about retirement.03.
Investment opportunities in seniors living
The increased demand for seniors living options will give rise to a range of investment opportunities. Folkestone is looking at investing in both the operating and real estate components of the sector to build a quality investment portfolio to meet seniors living needs now and in the future.04.
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