Retirement sector not out of the woods yet, analysts say

The Helier in Auckland's St Heliers is Oceania Healthcare's flagship village. (Image: Supplied)

Tue, 19 Nov 2024

An improving outlook for the housing market will not be visible in upcoming retirement village company disclosures, analysts say.Sector debt has grown steadily with providers having difficulties selling new and resale stock as a housing downcycle has prevented potential customers from selling their homes and moving in.Ahead of Oceania Healthcare and Ryman Healthcare’s half-year earnings in the coming days, Jarden’s Arie Dekker and Craigs Investment Partners’ Stephen Ridgewell told BusinessDesk they expect this story to continu...

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