Ryman and Summerset lead retirement village bounce-back

Ryman has total assets of $12.5 billion. (Image: Ryman)

Wed, 26 Jul 2023

The retirement and aged care sector will be hoping for a busy spring season in the housing market to continue its revival on the New Zealand stock exchange.“We don’t need house prices going up further, but what is important [for the sector] is that turnover increases and days to sell come back,” Aaron Ibbotson, a director and senior analyst of equities with Forsyth Barr, said.It would mean that prospective occupiers could more easily sell their family homes and settle on their retirement village units. Ibbotson said...

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Law & Regulation

Pushpay insider trader loses conviction appeal

A prominent businessman found guilty in 2023 of insider trading over the sale of Pushpay Holdings shares is closer to being named, with the Court of Appeal increasing his fine and dismissing his bid for continued name suppression.The case brought by the Financial Markets Authorit...

Staff reporters 6:35pm

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