US asset managing giant Blackstone Group LP’s local retirement village owner & operator, Arena Living NZ Ltd, has added a 6th village to its portfolio, Mt Eden Gardens. The price hasn’t been disclosed.
Metlifecare Ltd has agreed to sell its Wairarapa Village in Masterton to a group headed by Mark Durling for $6 million cash.
Wide array of units sell at Barfoots – Swney jailed for 5 years 7 months
Newly NZX-listed retirement village operator Arvida Group Ltd has conditionally bought the Aria Villages in Auckland for $62 million.
Infratil Ltd and the NZ Superannuation Fund have entered into another 50:50 joint venture, this one to buy Australia’s largest privately owned retirement village owner & operator, RetireAustralia.
Published 21 November 2005 AMP Capital Investors (NZ) Ltd said today it would make a full offer to buy New Zealand’s largest private & unlisted retirement village operator, Summerset Holdings Ltd (John O’Sullivan, chief executive Norah Barlow, based in Paraparaumu). Summerset has 8 villages containing 777 villas, apartments & serviced apartments […]