Ryman outlines plan to get ‘Fit for the Future’

Ryman outlines plan to get ‘Fit for the Future’
Ryman – chaired by Dean Hamilton (above) – has announced it will pause new developments until March 2026. (Image: Michael Craig)
Gregor Thompson
Ryman Healthcare announced a raft of new measures on Monday morning under what the company has dubbed its "Fit for the Future" programme. The overhaul includes amendments to pricing, a new management structure, a pause and reset on development, and more accounting transparency. “[The] Fit for the Future programme has sought to identify initiatives to improve Ryman’s financial performance whilst maintaining exceptional resident experience and care,” Ryman said.In the same announcement, New Zealand's larg...

More Property

Private building consent body offers competition
Property

Private building consent body offers competition

The country's first independent consenting authority is targeting group builders.

Maria Slade 04 Jun 2025
Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Gregor Thompson 04 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025
Argosy signals succession plan
Property

Argosy signals succession plan

Argosy Property has signalled its management and governance succession plan.The listed property company told the market on Tuesday that directors Chris Gudgeon and Mike Pohio will not stand for re-election at the coming annual general meeting (AGM) in July. The firm also said tha...

Gregor Thompson 03 Jun 2025