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NZ: Long time Ryman investor shifts 6.5% of shares

1 min read

About 24 million Ryman Healthcare shares were bought in one day last week after a long time overseas institutional holder sold 6.5% of Ryman Healthcare. The speed with which the shares were snapped up leaves little doubt about how popular Ryman is in NZ’s post GFC economic climate.

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Community Living

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...

Ian Horswill
22 Apr 2024
Acquisitions

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham
24 Apr 2024
Opinion

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes
22 Apr 2024
Opinion

Shared Care closer than we may think for retirement villages – will independent living fade away?

Over the weekend I was trawling through the slide deck of the Department of Health and Aged Care webinar in February discussing the future direction of Home Care and Support at Home. Hidden on about slide 46 was the clipping above which clearly...

Chris Baynes
30 Apr 2024
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Webstercare to host free MedSig webinars

Leading medication management provider Webstercare has announced it will hold a series of free, 45-minute webinars in May focused on refreshing participants’ knowledge on the MedSig and MedSig Admin platforms. The webinars will cater to the needs of...

Caroline Egan
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Three big questions the Budget must answer for aged care sector executives to move forward. Time for bravery?

With the Federal Budget now just 12 days away, there remains several unanswered questions that are weighing on boards and executives across the aged care sector. Despite the Aged Care Taskforce, chaired by the Aged Care Minister Anika Wells, handing...

Lauren Broomham
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One in 10 aged care homes spend over $52 per resident per day on food

Last week reported that aged care chefs David Martin and Harry Shen, who are employed at St Vincent’s Care Services Kew, had been awarded medals and commendations at the 2024 International Culinaire Salon in London. According to My Aged Care’s...

Caroline Egan
02 May 2024
Aged Care

‘Great news’ for seniors’ housing in new NSW Transport Oriented Development planning reforms

The call by planners to include seniors housing, including residential aged care and co-located aged care and independent living, in the new building zones around 37 railway stations as part of changes to the Housing SEPP has been agreed. The...

Ian Horswill
02 May 2024
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