Summerset set to expand

Summerset Richmond Ranges opened in May 2021 near Nelson in the South Island. (Image: Summerset)

Wed, 23 Aug 2023

Retirement village operator Summerset Group is in expansion mode, buying two new sites in the South Island and investing more than $400 million in building 600 more units.Summerset will be developing new villages at Mosgiel, near Dunedin, and Rolleston, near Christchurch.Rolleston is predicted by Statistics NZ to have the highest population growth in the country over the next 30 years. The first units will be delivered in the 2026 financial year.Scott Scoullar, Summerset chief executive, said the company has the largest landbank of units i...

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