Aged care news

75% of completed units in new $450m village unsold: Summerset
Just 25% of units finished at new St Johns village are under contract: 75% unsold so far.

'Significant milestone for many Kiwis': Oceania Healthcare CEO Suzanne Dvorak
The workforce is predominantly female which is reflected in the company's leadership.

Winton Land 'pauses' $750m Wynyard plans, offers buyers refunds
How many people had paid deposits was not stated but pre-sales said to be 'strong'.

Retirement village vacancies rise: Ryman's chairman Dean Hamilton explains
Opening three new hospital buildings in Auckland and Hastings pushed up vacancies.

Ryman result: Australasian business has 1156 empty retirement homes
A new phenomenon: increasing vacancies being declared in our retirement villages.

Oceania Healthcare records $17.1m interim loss, sells properties
Firm selling older rest homes to put money into more upmarket villages, fancy care suites.

City hall 'squeeze' on developers; Winton contractor driving piles; half-year results season - Property Insider
'Developers are a good target for a council under financial pressure.' - Steve Evans

Couple at loggerheads with Radius over Waikato retirement village unit
'It’s a shambles. It’s been going on for about eight years' Brian Peat says.

'Later-life luxury': $6m for Auckland retirement village penthouse
'Retirement village market has segmented into wealthy, mid-scale and budget' - Wilkinson