Ryman buys Victoria University's Karori campus for retirement development

Mon, 11 Dec 2017

By Tina Morrison Dec. 12 (BusinessDesk) - Ryman Healthcare, New Zealand's largest retirement village operator, has bought Victoria University of Wellington's former Karori campus for an undisclosed sum to convert into a retirement village. The development in Wellington's largest suburb will add to Ryman's existing five retirement villages in the greater Wellington area, the company said in a statement. It said the purchase price was confidential and didn't provide details on when the development was expected to start but said it would con...

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