Retirement Living Providers care for residents in community settings, offering a range of facilities and communal spaces for activities. The ageing population has created demand for quality accommodation for senior living, and Retirement Living Providers are creating spaces and amenities to meet demand.
As demand for quality living environments grows, so does the need for greater transparency around maintenance and long-term funding to keep facilities to standard – particularly when preparing units for sale or rent
Standards in different sectors can be variable, and in NSW, there have been changes to NSW Government policy to address this, through creating Asset Management Plans, which define the implementation activities to achieve Asset Management objectives.
Australia’s Retirement Living sector is continually refining its asset management requirements. At AssetFuture, we proactively evolve our solution to stay aligned with changing legislation in every state.
Asset Management Benefits
Provide operators and residents with clear, transparent maintenance planning
Optimise long-term investment and capital allocation
Reduce risk through proactive, data-driven asset management
Enable consistent, reliable reporting – regardless of staffing changes
Believe pressure on operational and facilities teams
Drive cost savings by transforming from reactive to proactive management
AssetFuture Delivers
Asset Management Planning
Creation of Asset Registers and Asset Management Plans, aligned to RV Legislation
CAPEX & OPEX Forecasting
Full visibility of CAPEX and OPEX spend required with criticality factored into the analysis
Risk Analysis
Understand a multidimensional view of current and future risk liability using AssetFuture’s proprietary risk profiling methodology ACCRI
Financial Reporting & Dashboards
Easy to use and understand data visualisation reports and dashboards for all levels of the organisation