Summerset Group, New Zealand's busiest developer of new retirement village units, has revealed a $290 million expansion at Whangarei and Cambridge which experts say will help meet continuing demand in the sector and offset the company's major city developments.

John Collyns, Retirement Villages Association executive director, said big investments like this have a huge flow-on effect in terms of job creation and economic boosts, particularly in smaller places like Cambridge.

"It's not just a big investment for the company but also for the areas where these are going to be built," Collyns said of plans for more than 400 new

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