Summerset Group Holdings Ltd is slightly behind in sales of new retirement village occupancy rights this year and slightly ahead in resales – overall, just 4 sales behind 2018 at the 9-month stage.
Chief executive Julian Cook said yesterday the company opened 2 new villages in the September quarter, Avonhead in Christchurch & Richmond in Nelson, and had strong presales for the new Kenepuru village in Wellington, which will open before the end of the year.
Sales, third quarter & year to date (2018 in brackets):
New: 77 (82), 213 (227)
Resales: 88 (66), 230 (220)
Total: 165 (148), 443 (447)
Attribution: Company release.