Winton Land downgrades result: Floods hit sales, earthworks
'We have already lost 83 per cent of this summer's earthwork season.'
'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.
More than 250 new units being built in big expansion.
Total sales volumes were in line with the prior corresponding period.
Revaluations of $89.3m previously dropped to just $49.6m.
The giant of New Zealand’s listed retirement village companies reports on Friday.
Already, $8220 has been raised on a Givealittle page for the family.
'It was a privilege to work with you.'
Man fell six or seven floors at Summerfield retirement village site
'That's part of our terms and conditions,' says Real Living CEO Martin Oettli.
Injecting sparkle into retirement village living is all in a day's work
A number of other rest homes and charity-based places have shut down lately too.
Business has 33 villages accommodating 6500 residents.
Neighbours' behaviour, poor services, bad management and fees were among the complaints.
New Zealand's retirement village and aged-care "model" was admired in Australia.
Sun and Soong Chau's playground extends beyond the limits of their Hillsborough home.
Total assets rose significantly by $889m to reach $5bn: latest annual report.
Resident had to move out when her husband was diagnosed with terminal cancer.
She couldn't afford weekly village fees and her husband's hospital-level care.
"We don't want this to be a confrontational process," says local agent Grant Dickson.
The business has run villages for more than 30 years and is locally owned.
The woman was administered an incorrect dose six times by six different nurses.