The Regis Healthcare Ltd (ASX: REG) share price is in focus today after the company announced the sale of two Far North Queensland aged care homes to Ozcare, unlocking a one-off pre-tax gain of approximately $25 million for its FY26 results.
Image source: Getty Images
What did Regis Healthcare report?
- Sale of Ayr and Home Hill aged care homes totalling 156 operational beds
- Expected pre-tax gain on sale of around $25 million in FY26
- Transaction completion targeted by 1 March 2026, subject to conditions
- Recent acquisitions of Ocean Mist (Surf Coast) and Drysdale Grove (Bellarine Peninsula) finalised on 1 December 2025
What else do investors need to know?
The divestment supports Regis' strategy to optimise its national portfolio and recycle capital into high-demand, premium locations. Management intends to reinvest funds from the sale to strengthen its presence in areas where demand and growth opportunities are greatest.
Regis has also expanded in Victoria, having completed the acquisition of Ocean Mist and Drysdale Grove aged care homes. These recent acquisitions add capacity in established regions and support the company's growth plans.
What did Regis Healthcare management say?
Regis CEO and Managing Director Dr Linda Mellors commented:
The divestment aligns with Regis' strategy to optimise its national portfolio and recycle capital to support investment in high-demand, premium locations where we can deliver the greatest impact. We will work closely with Ozcare to ensure a smooth and respectful transition for residents, families, and staff, and to support continuity of care in Far North Queensland.
What's next for Regis Healthcare?
Looking ahead, Regis plans to focus on investing in premium, high-growth regions where it can provide long-term benefits for residents and shareholders. The capital unlocked from this sale will be used to support ongoing expansion in areas of highest demand.
The company aims to maintain a leading position in residential aged care while pursuing further growth opportunities through selective acquisitions and portfolio optimisation.
Regis Healthcare share price snapshot
Over the past 12 months, Regis Healthcare shares have risen 18%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has climbed 2% over the same period.
