Divestment Update

GENERAL
Thu, Dec 09 2021 10:18 am

Arvida Group Limited (NZX: ARV) (Arvida) has today confirmed the sale of its three Rangiora located retirement villages has settled.

The sale of Bainlea House, Bainswood House and Bainswood on Victoria reduces Arvida’s portfolio by 4 villas, 14 serviced apartments and 109 care beds.

– ENDS –


Announcement PDF


Markets News

Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Markets

Analysts upbeat about Tower's latest guidance

The insurer's shares have gained 36% so far this year. 

Analysts upbeat about Tower's latest guidance
Markets Market close

NZ sharemarket continues decline

The S&P/NZX 50 Index closed at 11,836.04, down 39.31 points or 0.33%.

Graham Skellern 18 Apr 2024
NZ sharemarket continues decline