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NZX an option for Winton’s retirement village vision

Paul McBeth
Wed, 13 Oct 2021

Winton is targeting high-end retirement villages in nice places like Wānaka. (Image: Supplied)
Paul McBeth
Wed, 13 Oct 2021
Residential property developer Winton is considering listing on the NZX as it weighs up the best way to raise money to fund its expansion of high-end retirement villages.The low-key company wants to raise between $200 million and $400m of new equity to accelerate its development plans. That will focus on its Northbrook branded retirement villages, which founder Chris Meehan says will target an underserved high-end market.Meehan founded Winton in 2009 after he sold Belle Property real estate franchise he set up in Sydney in 1999, with a view to...

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