Oceania has reported a strong increase in new sale volumes, divestments, and resale volumes for the 12-month period ending March 31 2024.
New sale volumes rose by approximately 20%, while resale volumes saw a 14% increase, compared to the same period the previous year.
The company also noted higher enquiry levels and the admission of private paying care residents into The Helier.
As part of its divestment programme, Oceania has settled the sale of a land parcel in Nelson and has three sites currently under contract for sale.
These transactions are expected to be completed in the first quarter of the next financial year.
Oceania has completed 182 development units in the past 12 months and plans to deliver a further 224 units in the upcoming year.
The company's full-year financial results will be announced on May 24 2024.
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