Retirement village owner & operator Summerset Group Holdings Ltd has bought land for 2 new villages – the first in Whangarei & Cambridge.
Summerset Group Holdings Ltd has bought land in Rangiora & Blenheim to build 2 retirement villages.
The Selwyn Foundation opened a new $14 million development offering residential aged care & retirement village amenities at Selwyn Oaks village in Papakura today.
Retirement village developer & operator Summerset Group Holdings Ltd said yesterday it was on track to deliver 450 units this year after achieving 155 sales in the September quarter.
Retirement village owner & operator Arvida Group Ltd has bought 2 villages & 50% of a third from Hurst Lifecare Ltd for $106 million, funded through a combination of new equity & debt.
Retirement village operator Summerset Group Holdings Ltd increased June half-year net profit after tax by 78% to $90.3 million.