Latest fromRetirement Villages

Rise of migrants worry in aged care
A dramatic rise in the number of rest-home caregivers working on temporary visas is raising concerns about disruption to the lives of vulnerable rest-home residents.

Neighbour fights new Ryman site
A neighbour is opposing a new Auckland Ryman Healthcare village, saying views will be blocked and roads jammed with traffic when hundreds of elderly people move in.

Views split over retirement village plan
Ryman Healthcare's application to build a retirement village in Greenlane has drawn strong community reaction both for and against the $100 million-plus project.

Arvida raises $75m in IPO
Retirement village roll-up Arvida Group has raised the full $75 million sought through an initial public offering following strong demand for shares.

Acquisitions on the cards for Arvida
Arvida Group could soon begin acquiring additional retirement villages following it listing on the NZX next month, its chairman says.

Your Money: At what age do Kiwi workers earn the most?
It's good news if you're in your 30s but not so good if you're over 50 according to earnings data from Statistics New Zealand.

NZ's oldest woman dies at 110
A woman believed to be New Zealand's oldest resident has died at the age of 110 at a rest home north of Wellington.

All Blacks could cash in on mega-merger
All Blacks including Dan Carter and Richie McCaw could receive a windfall from a proposed mega-merger of 19 privately-owned retirement villages.

Metlifecare tipped as value buying
Listed retirement giant Metlifecare is tipped to be trading cheaply, well below its peers even after a good financial result out yesterday.

Metlifecare profit up 18pc
Listed retirement giant Metlifecare pushed up annual net profit after tax 18 per cent to $68.8 million after removing non-recurring items.

Summerset first-half profit growth slows
New Zealand's third-largest retirement village operator, increased first-half profit at a slower pace as it focuses on developing villages for future growth.

John Collyns: Retirement villages help ease housing shortage
The Government's Housing Accord with Auckland Council will hopefully go some way to boosting the delivery of much-needed housing.

Retirement village industry shake-up on the cards
Retirement village operators will fail, more law changes are on the cards and businesses in the sector will undergo more mergers, says Norah Barlow.

Estate takes big hit after sale delay
The executor of an estate has criticised retirement village owner/operator Metlifecare, saying more than $200,000 was lost from her late mother's Remuera village apartment.

Ryman to spend $100m on second Melbourne village
Ryman Healthcare has secured a site for its second retirement village in Melbourne, which it expects to spend more than $100 million to build.

Maori leases land for retirement village
Local hapu Ngati Whatua Orakei now says it isn't selling a prime piece of Auckland waterfront land to retirement village operator Ryman - it's only leasing it.

'Old-boys' lock women out
New Zealand's male-dominated business culture with its old-boy sports and education network is sabotaging the promotion of women, says exiting Summerset Group boss Norah Barlow.

Ryman plans $690m Auckland spendup
Ryman Healthcare will invest $690 million in Auckland, building five of eight new villages in the city including one $210 million project.

Inflation jolt for retirement plans
Adjusting people's retirement savings for inflation has dented the confidence of those putting a nest egg aside, an ANZ survey has found.

Unwary residents caught in trap
It's a sunny weekday morning and the lounge of Maygrove Village in Orewa is sparsely populated.