Ryman Healthcare 3Q FY26: "expect continued market variability"
Ryman Healthcare CEO Naomi James said the business saw "growing interest for our high quality care offering".
The New Zealand-based retirement village operator, which provides a continuum of care model, reported 375 sales of retirement living units for the quarter ending December 31.
This total comprises 101 new sales and 274 resales, and is below the sale level 12 months earlier.
Ryman Healthcare stated, as expected, new sales of independent living units eased following the opening of Nellie Melba Village Stage 4 in Wheelers Hill, 23km southeast of Melbourne's CBD, in the prior quarter.
Conversely, new sales of serviced apartments demonstrated strong performance across both New Zealand and Australia.
Occupancy rates in Ryman’s recently established aged care centres continued to rise. Mature care centres maintained a robust occupancy rate of 96% in the third quarter, a slight increase from 95.8% in the second quarter.
CEO Naomi James said the business saw "growing interest for our high quality care offering". Ryman offers high-level care for elders with chronic health conditions or who need full assistance to move around.
"Looking ahead, we expect continued market variability, but our focus remains firmly on driving sales effectiveness and controlling the factors within our reach," she said.
Ryman Healthcare owns and operates 49 retirement villages in New Zealand and Australia.
