Ryman flags new $200 mln village for Auckland's Hobsonville

Tue, 26 Jul 2016

By Paul McBeth July 27 (BusinessDesk) - Ryman Healthcare, the country's biggest retirement village operator, has bought a 4 hectare site in Auckland's Hobsonville for a $200 million development, marking its 10th village in New Zealand's largest city. The new village would house more than 400 residents, including a rest home, and providing dementia and hospital-level care, adding to Ryman's Auckland portfolio of four existing villages, three under construction and two in the consenting phase, it said in a statement ahead of the company's a...

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