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.
18,650 social and affordable homes funded as 370 homes set for repurpose
The Australian Government’s flagship Housing Australia Future Fund (HAFF) has agreed to fund 9,284 social and 9,366 affordable homes through 279 successful projects under the first two funding rounds of the HAFF and National Housing Accord Facility...