Summerset acquires land for second Hamilton village

Sun, 14 Feb 2016

By Paul McBeth Feb. 15 (BusinessDesk) - Summerset Group plans to build a second retirement village in Hamilton after buying a 6.3 hectare site north of the city. The Wellington-based company intends to build a 270-home village on the Rototuna site, adding to its 220 home operation in Hamilton. Summerset estimates Hamilton's over-75 population will more than double by 2033, but has limited retirement living options at the moment. No price was disclosed for the purchase. "We took a good look at the demographics for the region, in parti...

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