Summerset occupation rights sales grow 19 percent in 3Q

Wed, 09 Oct 2013

Oct. 10 (BusinessDesk) - Summerset Group, the retirement village operator and developer whose managing director is stepping down next year, boosted sales of occupation rights 19 percent in the third quarter. The Wellington-based company lifted total sales of occupation rights to 102 in the three months ended Sept. 30 from 86 in the same period a year earlier, it said in a statement. Of that, 52 were new sales, and 50 were resales, compared to 41 and 45 respectively in the third quarter of 2012. That takes total occupation rights sales to 2...

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