
After seven-year struggle, $317m Ryman plans approved
Rollercoaster ride for $317m estate continues, but project opponents already grumbling.
Rollercoaster ride for $317m estate continues, but project opponents already grumbling.
Revaluations of $89.3m previously dropped to just $49.6m.
The giant of New Zealand’s listed retirement village companies reports on Friday.
Retirement behemoth plans smaller geriatric hospitals due to lack of state funding.
Setbacks, including problems securing consents, resulted in property going on the market.
Dispute about what was listed as completed and whether that was true.
Fee rise met with negative feedback.
"As silly as it was going high, it's just as silly going low," says RVA president.
Covid, rising construction costs, sales, company direction - themes in the analysis.
Company has assets of around $11b but market capitalisation is only $4.5b
Interest rates, costs could take toll on multibillion-dollar businesses.
A further plunge on Wall Street dragged the NZ sharemarket down nearly 1 per cent.
Sharp rise despite lockdowns, rising interest rates, talk of US recession.
The New Zealand sharemarket finished the week on a subdued note.
The New Zealand sharemarket opened the week with more than a 1 per cent fall.
Construction chief launches new Auckland train station-oriented apartment business.
The best of business in New Zealand set to be honoured in the annual Top 200 awards.
'We hope the council will approve our amended application' - Australian boss.
"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.
"People walk in and all hell will break loose. You have to stay calm" - Carolyn Cooper.
'Quite a big loss of building materials and equipment due to theft' - Julien Leys.
Umbers is now based in Melbourne but starts later next month
"A lot more risk of the pandemic this time": Metlifecare chief executive Earl Gasparich.
Retirement village operator adds another site in Aussie.
'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,
Critics have cited koalas in the area as one reason to oppose development.
"Ryman has downplayed the impacts of the effects on this bayside estate" - tribunal
Poto Williams agrees with calls for an 'urgent' review of the law.