New Zealand's Ryman Healthcare, the country's largest listed retirement village investor, has reported a record realised profit of $36 million for the first half of the year ended September 30th. Ryman has reported a net profit of $52.5 million which represents an increase of 29% from the previous corresponding period. The significant growth in profit is largely due to the completion of several new apartment blocks over the past six months. Ryman is actively looking for its first Australian site and owns 22 villages across New Zealand.
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...
