Retirement village ripoff: $100 charge to replace $5.80 washer for toilet
'Always happy to investigate any issue of alleged unfairness or inappropriate charging.'
'Always happy to investigate any issue of alleged unfairness or inappropriate charging.'
Highest-price retirement village units: ORAs on two double-height penthouses $13.75m each.
Chris Meehan, chief executive, Winton Land and right, Julian Cook, Winton Land chairman talking about Auckland's first CBD vertical retirement village, Northbrook Wynyard Quarter. Video / Dean Purcell
Giant of the sector reports in the face of falling house prices, Government scrutiny.
'Level of concern amongst residents and advocates about some of the sector’s practices.'
Investigation into potential Fair Trading Act breaches - commission.
Royal fans from the Orchards Village retirement home tell of their encounters with the Royal family, plus reveal their plans for King Charles III’s coronation. Video / Claudia Tarrant / Mike Scott / AP
Objections from Crown, territorial agencies to big project mainly resolved by agreement.
IRD appears on a statement of affairs, owed $448,000 as a preferential creditor.
Six businesses own 47% of villages and 63% of units: we name the giants of the sector.
Purchases allow the business with 36 existing villages to develop two more new ones.
Practices a focus of Government review announced in December, due out this September.
The retirement village operator has raised $902 million.
Overseas Investment Office consent was needed by Fletcher Residential.
Our readers have their say.
Rental boss: 'I don’t know how some of them can afford to pay the rent.'
"Mobile generators were a godsend. In our new villages, we’re building generators."
"Ran essential services on generator power, fully supplied with food and medication."
'We have already lost 83 per cent of this summer's earthwork season.'
The 78-year-old needed surgery after his leg was broken at the hip.
"Hope of selling it as a going concern" - BDO.
Scheme for 217 apartments now scaled back to 104 units.
Company has not been immune to the falling housing market.
Rollercoaster ride for $317m estate continues, but project opponents already grumbling.
Probe comes following widespread calls for change in the sector.
As retirement village stocks get hammered, huge Parnell project stalled.
Village beside where Fletcher Living has built more than 400 homes.
"About 60 or 70 chimneys that need cladding,"
Santa could contend with defective schist chimneys this Christmas.
More than 250 new units being built in big expansion.