New Zealand village operators continue to outperform Australian businesses. Their number one village operator, Ryman Healthcare, generated $133 million profit in six months from 4,958 village units.
By comparison Stockland made $54 million over a full 12 months from 8,420 village units.
The New Zealand model is based on co-located care meaning on the one campus they have retirement villages, serviced apartments and residential aged care.
Their basic DMF is 20% and weekly fees are fixed at entry.
The model is so successful that in the past six years not one stand-alone residential aged care facility has been built in New Zealand. All new care facilities are funded and located in retirement villages.