
ComCom wrote to 12 retirement village owners on false, misleading claims
Companies should seek legal advice about issues it had raised, Commerce Commission said.
Companies should seek legal advice about issues it had raised, Commerce Commission said.
More than 300 NZ retirement villages and 71 operators ranked according to best practice.
'At the moment, we’ve done groundworks. It’s ready to build when we’re ready.'
CEO Scott Scoullar: 'We withstood challenges and continued to grow.'
Market conditions, the phasing of new main buildings take a toll on the business.
Sky TV, Summerset, Contact Energy and Infratil are favourites.
The 'damp end' to the year is not just outside, but in the sharemarket too.
Man believed to be New Zealand's oldest living man turns 107.
'Frustrating' local community, residents had to pay $40,000 to battle plans in their area.
There were no plans to build any expansions to the village at this time.
Full-year profit is now $300m-$330m, when it was previously forecast to be $310m-$330m.
It was another topsy-turvy day for the NZ sharemarket.
The company's pipe business has turned into a nightmare.
Analysts say a National-led coalition may increase the value of these cyclical stocks.
International funds coming in helped propel the local market.
Areas have been identified where NZ populations of those aged 75-plus are growing fastest.
One executive just upped his stake to $197m.
'We recognise this and are working hard to recover your faith.' - Claire Higgins.
Banks are broadly supportive but balance sheet strength is key as recession looms.
Giant of the sector reports in the face of falling house prices, Government scrutiny.
'Level of concern amongst residents and advocates about some of the sector’s practices.'
Six businesses own 47% of villages and 63% of units: we name the giants of the sector.
The retirement village operator has raised $902 million.
Fletcher boss explains 46% profit drop and Ryman boss fronts up on $900m capital raise.
After five years of criticism, Ryman has gone cap in hand to investors asking for $900m.
Scheme for 217 apartments now scaled back to 104 units.
Rollercoaster ride for $317m estate continues, but project opponents already grumbling.
Revaluations of $89.3m previously dropped to just $49.6m.
The giant of New Zealand’s listed retirement village companies reports on Friday.
Retirement behemoth plans smaller geriatric hospitals due to lack of state funding.