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Green light for $100m Ryman plan
Neighbours have failed to stop Ryman Healthcare getting consent for a $100 million-plus village between Greenlane and One Tree Hill.
Neighbours have failed to stop Ryman Healthcare getting consent for a $100 million-plus village between Greenlane and One Tree Hill.
Graham Wilkinson's Christchurch-based Retirement Assets is spending $320 million developing and expanding three retirement villages and he is now hunting for further sites.
A dramatic rise in the number of rest-home caregivers working on temporary visas is raising concerns about disruption to the lives of vulnerable rest-home residents.
A neighbour is opposing a new Auckland Ryman Healthcare village, saying views will be blocked and roads jammed with traffic when hundreds of elderly people move in.
Ryman Healthcare's application to build a retirement village in Greenlane has drawn strong community reaction both for and against the $100 million-plus project.
Retirement village roll-up Arvida Group has raised the full $75 million sought through an initial public offering following strong demand for shares.
Arvida Group could soon begin acquiring additional retirement villages following it listing on the NZX next month, its chairman says.
It's amazing to think that after all the years of talking, reporting and issuing of statements, New Zealand stands completely unprepared for its own 'retirement'.
A woman believed to be New Zealand's oldest resident has died at the age of 110 at a rest home north of Wellington.
All Blacks including Dan Carter and Richie McCaw could receive a windfall from a proposed mega-merger of 19 privately-owned retirement villages.
Listed retirement giant Metlifecare is tipped to be trading cheaply, well below its peers even after a good financial result out yesterday.
Listed retirement giant Metlifecare pushed up annual net profit after tax 18 per cent to $68.8 million after removing non-recurring items.
New Zealand's third-largest retirement village operator, increased first-half profit at a slower pace as it focuses on developing villages for future growth.
Ryman Healthcare, the country's biggest listed retirement village operator and developer, has bought land in Wellington which it plans to turn into a boutique village.
As caring for a rising population of elderly people — some with dementia — becomes an increasing problem, novel options are being tested
The Government's Housing Accord with Auckland Council will hopefully go some way to boosting the delivery of much-needed housing.
Retirement village operators will fail, more law changes are on the cards and businesses in the sector will undergo more mergers, says Norah Barlow.
The executor of an estate has criticised retirement village owner/operator Metlifecare, saying more than $200,000 was lost from her late mother's Remuera village apartment.
Ryman Healthcare has secured a site for its second retirement village in Melbourne, which it expects to spend more than $100 million to build.
Local hapu Ngati Whatua Orakei now says it isn't selling a prime piece of Auckland waterfront land to retirement village operator Ryman - it's only leasing it.
New Zealand's male-dominated business culture with its old-boy sports and education network is sabotaging the promotion of women, says exiting Summerset Group boss Norah Barlow.
Ryman Healthcare will invest $690 million in Auckland, building five of eight new villages in the city including one $210 million project.