Ryman announces second $100M village in as many months

Wed, 25 Jun 2014

By Jonathan Underhill June 26 (BusinessDesk) - Ryman Healthcare, which posted a 43 percent jump in full-year profit in May, plans to build a $100 million retirement village in Pukekohe, the second development of that magnitude it has announced in as many months. The village on a 6.58 hectare site on Valley Road is expected to open next year, the nation's largest rest home operator said in a statement. It will include two and three-bedroom townhouses, apartments and an aged care centre with hospital level care and a dementia unit. The...

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