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.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...