Is The Salvation Army open to retaining any of the facilities included in the divestment portfolio?
No. The decision has been made to sell the specified aged care centres and it is The Salvation Army’s strong intention to complete this sale. We are therefore undertaking a rigorous process to achieve the most optimistic outcome we believe possible. This is a staged process. At each stage, The Salvation Army has the opportunity to evaluate its position regarding the value of the particular sale proposition. However the direction we are pursuing is to exit from the provision of aged care services in the nominated facilities, but continuing our involvement through residential and community-based aged care services targeting the financially and socially disadvantaged.
Related Questions
- What will happen to the socially and financially disadvantaged residents currently within The Salvation Army’s facilities?
- Can I apply for other roles in The Salvation Army or the Aged Care facilities being retained by The Salvation Army?
- Which K-Mart stores are participating in the Salvation Army School Supply Drive?