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Aura Holdings

Retirement living construction boom defies COVID-19 fears

Retirement living operators are creating jobs and new buyer opportunities by forging ahead with the construction of new projects, in defiance of coronavirus-related economic concerns.

Retirement living construction boom defies COVID-19 fears

Wednesday, 22 July 2020

Retirement living operators are creating jobs and new buyer opportunities by forging ahead with the construction of new projects, in defiance of coronavirus-related economic concerns.

The construction activity is concentrated in Queensland, although other projects are underway across the rest of Australia.

Aura holds ground-breaking ceremony

On 8 July, Aura Holdings held a ground-breaking ceremony for its Somerset Indooroopilly project in Brisbane’s inner-west. 

Due to be completed in late 2021, this golf course estate project includes 80 two and three-bedroom apartments or four penthouses set across four low-rise buildings.

The project forms part of a pipeline of $200 million of construction projects being undertaken by Aura Holdings across six projects in Brisbane, Toowoomba, and the Gold and Sunshine Coasts.

Read the full article here

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