Ryman and Summerset lead retirement village bounce-back

Ryman and Summerset lead retirement village bounce-back
Ryman has total assets of $12.5 billion. (Image: Ryman)
Graham Skellern
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...

More Property

Company behind 120-unit QT development faces liquidation
Property

Company behind 120-unit QT development faces liquidation

The debt collector says the company "don't pay their bills".

Gregor Thompson 13 Dec 2024
Beachlands South development appeals settled
Property

Beachlands South development appeals settled

Appeals challenging the approval of a plan change for the Beachlands South development have been settled, paving the way for the multi-billion dollar project to proceed.“The success of negotiating a sensible outcome means that the development process can now move forward with the...

Staff reporters 11 Dec 2024
Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

Maria Slade 11 Dec 2024
Olliver avoids bankruptcy – for now
Property

Olliver avoids bankruptcy – for now

A bid by BNZ to bankrupt the developer has been adjourned until February.

Maria Slade 10 Dec 2024