Ryman seeks 70% 5-year growth, mulls ASX listing

Wed, 29 Jul 2015

By Fiona Rotherham July 29 (BusinessDesk) - Ryman Healthcare, New Zealand’s largest retirement village operator, plans to increase resident numbers by 70 percent in the next five years in New Zealand and Australia as it also mulls an ASX listing. Ryman chairman David Kerr told the company’s annual general meeting in Auckland it had bought a new site in Hamilton and was close to signing up for one in Melbourne that would help its strategy to increase resident numbers from 9,000 currently to 15,500 by 2020. Kerr said the group had a stro...

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