
Retirement village posts security guards at gates
Summerset has ramped up security around its retirement villages.
Summerset has ramped up security around its retirement villages.
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Despite property's high profile, many on this list like to stay under the radar.
The business has 28 villages either finished or planned.
What do plans for $290m of new assets say about this sector?
The retirement village operator has bought larget sites in Whangarei and Cambridge.
Records revealed in retirement village sector, new in-depth report.
Summerset Group's net profit was down 11 per cent.
Summerset posted a half-year profit of $82 million.
The company has already purchased land to develop the new village.
Merger would put them on firmer ground for a transtasman expansion, First NZ Capital says.
Summerset had 155 sales of rights to occupy its units in the third quarter.
Summerset eyes fifth Wellington village with latest land purchase.
The company had a strong half-year, with good sales levels and a record development margin
Summerset Group has bought land to build a third retirement village in Christchurch.
The retirement village operator has a record year-earlier period.
Summerset Group boosted annual earnings 50 per cent after opening more retirement villages.
Kate McKenzie became the sole woman at the head of an NZX50 company when she started her new job as Chorus chief executive yesterday.
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Summerset Group lifted first-half earnings 44pc, beating expectations, and will pay a larger-than-expected dividend.
Summerset Group, expects the opening of a new village in the Auckland this year will keep sales humming.
Summerset Group plans to build a second retirement village in Nelson after buying an eight-hectare site in Richmond.
Retirement village residents who buy into a huge new Hobsonville waterfront village will lose 25pc of their purchase price when they sell after five years.
More high-rise units planned: Multi-level high-density units in apartment-style blocks, rather than sprawling, green wide landscaped visas.
Summerset Group has been granted resource consent for a $100 million village in the Christchurch suburb of Casebrook.