Summerset's 3Q sales up 11.5% on the year

Summerset's 3Q sales up 11.5% on the year
Rebecca Howard
Summerset Group’s third-quarter sales were up 11.5 percent from a year earlier as resales lifted and new sales remained firm. Summerset said it sold 165 occupation rights in the three months to Sep. 30, versus 148 in the same period a year earlier. Of those, 77 were new sales while resales numbered 88. In the same period a year earlier, 82 were new sales while 66 were resales. Summerset chief executive Julian Cook said total sales were aligned with expectations for the third quarter and resales were performing very well. Total sales...

More Property

Court to decide if Du Val investors' claim can proceed
Property

Court to decide if Du Val investors' claim can proceed

Investors who swapped debt for equity accuse FMA of devaluing their shares.

Vector faces fresh complaint on unfair contract terms
Property

Vector faces fresh complaint on unfair contract terms

Vector faces more scrutiny over contract terms after Commerce Commission advice.

Garth Bray 02 Jul 2025