
Retirement villages see rapid growth
Nearly 33,000 New Zealanders live in retirement villages, up from just over 24,000 people three years ago.
Nearly 33,000 New Zealanders live in retirement villages, up from just over 24,000 people three years ago.
A rest home worker who was dismissed after being caught with a gardener in a dead resident's room has been awarded more than $28,000 in compensation.
Two near-misses in which elderly dementia sufferers narrowly avoided harm after wandering away from caregivers have been slammed as "appalling".
An Auckland hospital for the elderly failed to make a written plan on how staff would prevent a high-risk resident from developing pressure sores.
Watercare is pumping water from tankers into water pipes for almost 600 elderly people in two retirement villages and a hospital affected by a general water outage in the Albany area.
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 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 good news if you're in your 30s but not so good if you're over 50 according to earnings data from Statistics New Zealand.
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'.
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.