- Primelife
Infobox_Company
company_name = Babcock and Brown Communities formerly Primelife Corporation Limited
company_
company_type = Public (asx|BBC)
foundation = [1992]
location = flagicon|AUSMelbourne ,Australia
industry =Retirement
homepage = [http://www.primelife.com.au Primelife] Primelife Corporation Limited is an Australian company that constructs, develops, owns and manages retirement villages and other senior living facilities. It is listed on theAustralian Stock Exchange and has a market capitalisation of $160 million. The company offers pre-sold developments and sells units to prospective residents and manages those facilities for a fee.Primelife has 56 operating retirement villages and aged care facilities across Australia and New Zealand as at November 2005, with fourteen new projects under construction, development and planning. More than 6500 residents live in Primelife facilities.
The company provides "Independent Living Units" and "Independent Living Apartments" to seniors which provides an independent lifestyle to residents while affording a secure location, companionship through the retirement village community and social activities and 24 hour emergency assistance. It also provides "Assisted Living Serviced Apartments" which provide cleaning, cooking and laundry services.
On 13 August 2007 the company restructured and changed its name to Babcock and Brown Communities.
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