NZX an option for Winton’s retirement village vision

Winton is targeting high-end retirement villages in nice places like Wānaka. (Image: Supplied)

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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