Summerset sales steady but too early to see impact of covid-19

Summerset sales steady but too early to see impact of covid-19
Rebecca Howard
Summerset Group’s first-quarter sales were steady, but only included one week of the level 4 alert lockdown period, and it said it can't predict the impact on sales in the next three months.The retirement village operator and developer sold 141 occupation rights in the March quarter, versus 137 in the same quarter a year earlier. Of that, new sales numbered 70 versus 71 while resales were 71 versus 66.“We have maintained our sales for the first quarter at normal levels and have a good pipeline of sales. It is still too early to tell the impact...

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