Thursday, December 15, 2011

Ageing Asia - In the News Today


Age Friendly Communities
Creative Senior Living Communities Emphasize Aging in Place
When it comes to designing aging urban communities, the focus shouldn’t be on “senior housing”—it should be about lifestyle, a place where residents want to live and age in place, said the senior living community architect behind the BOOM projects in a SmartPlanet article.The BOOM projects are residential communities being built around the world that bill themselves as pedestrian-oriented, culture-driven, and socially empowering; the first one is scheduled to break ground in 2012.

Brands must serve ageing shoppers
NEW YORK: Brand owners must react to the long term trend towards ageing populations in many key global markets to guarantee future success, the Boston Consulting Group has argued. In a report, the company made clear the scale of the transformation now taking place. As an example, in Germany alone the amount of 15–64 year olds will fall from the current 54m to 41m in 2050.


Retirement Living & Aged care
Going Forward, Senior Housing Industry Shaped by Consolidation, Medicare Cuts, and Rising Acuity
When looking back on 2011, senior housing industry professionals agree that the billions of dollars worth of real estate investment trust (REIT) activity played an integral role in shaping today’s market. But some say that going forward into 2012, healthcare reform will be a key influence in the industry, and others point out the changing roles of assisted living, independent living, and skilled nursing, as providers see acuity rise across the spectrum of care.

Levindale Changing Elder Care with New $31 Million Wing
Newswise — Levindale Hebrew Geriatric Center and Hospital recently dedicated a new $31 million complex for long-term care residents that will completely change the face of elder care and set a new standard for excellence.


General Age Related News
Update: Alliance, AHCA Battle House Proposal to Reduce Medicare “Bad Debt” Payments
On Tuesday night, Dec. 13, the U.S. House of Representatives passed legislation that included reducing Medicare bad debt payments, a proposal decried by the American Health Care Association (AHCA) and the Alliance for Quality Nursing Home Care as it will “unfairly impact” skilled nursing facilities, and further contribute to sector instability.
Source: Senior Housing News, Wednesday, 14 December 2011

ELS Almost Finished Closing Mammoth $1.43 Billion Portfolio
After closing on seven more properties on Dec. 8, Equity LifeStyle Properties (NYSE:ELS) has just one property left from the 75-property manufactured home communities and one RV resort portfolio it acquired in May 2011. 
Source: Senior Housing News, Wednesday, 14 December 2011

Hays' Top Ten Talent Issues for 2012
Tokyo, Dec 15, 2011 (JCN Newswire via COMTEX) -- The dispersal of personnel out of Tokyo post-earthquake, the integration of mobile technology and demand for bilingual skills are among the top issues that will dominate Japan's recruitment market in 2012, according to recruiting experts Hays.

Financial crisis fallout: The Great Workout
In the fourth and final part of a series focussing on the global financial crisis, Bermuda Commercial Bank treasurer Dane Commissiong looks at the repercussions of massive destruction of wealth. There are varying estimates of the amount of wealth that has been destroyed by the 2007-2011 financial markets crisis. The figures range from a combined global loss of $34 trillion, on the low end, to $50 trillion at the high end.