Fletcher Residential making foray into retirement village sector
No rest home, hospital, gym, swimming pool, hairdressing salon or bowling green at Vivid.
No rest home, hospital, gym, swimming pool, hairdressing salon or bowling green at Vivid.
What's the reaction to developer Chris Meehan's audacious NZX/ASX listing plans?
Some seniors are feeling nervous ahead of an anticipated spike in visitors .
"We continue to see costs across the business rising" - CEO Brien Cree.
"Impacted sales, delayed building works, added direct costs" - CEO on Covid's effects.
Reverse mortgages are on the rise. But are they a good idea?
"It's too soon to ask if I will become a New Zealander" - CEO of biggest RV business.
12,750 residents have licenses to occupy, company plans a further 6506 new units, beds.
It comes as mandates kick in this week for health and education workers.
Fifteen residents and four staff at the facility have tested positive for the virus.
Alert levels 4 and 3 during August, September and October didn't make it any easier.
"Our approach is an extension of the picnic concept" - Arvida Group CEO.
Retirement village boss says some residents feeling isolated after nine weeks in lockdown.
All staff at the retirement village are now being tested for Covid.
The pandemic doesn't impact the demand for retirement village units.
"People walk in and all hell will break loose. You have to stay calm" - Carolyn Cooper.
Managing director of Bupa Villages & Aged Care NZ Carolyn Cooper says her healthcare frontline work as an emergency department nurse still comes in handy today leading the business with $1.6 billion of assets. Video / NZ Herald
Site on the town's northern limits is now open pastureland
Umbers is now based in Melbourne but starts later next month
"We have moved quickly to keep our residents and staff safe" - Scoullar
"A lot more risk of the pandemic this time": Metlifecare chief executive Earl Gasparich.
Total assets of $4b are up from $3.5b, company developing four new sites
The villages are responding strongly to the threat.
Peddlethorp designed the buildings with Stewart Harris doing interior design.
"If I'm not here at Summerset, I'll be at a race track somewhere in New Zealand."
Consumer rights are weaker than they could be says Retirement Commissioner Jane Wrightson.
The HDC is reminding retirement villages of its responsibilities to all it residents.
'The arbiter of all this will not be you, me or the Government. It will be the residents.'
Inherant power imbalance between wealthy owner/operators and residents,
"I've been in and around the sector for over 10 years," says Oceania Healthcare boss.