Retirement village developer, owner & operator Summerset Group Holdings Ltd lifted its sales in the fourth quarter, the same as it did in 2017, but fell well short of its total 2017 sales figure.
The company achieved 193 sales in the December quarter compared to 204 in the final quarter of 2017, and took total sales for the year to 640 (682 in 2016).
Resales were steady for the year, new sales down.
Chief executive Julian Cook said the 112 new sales in the last quarter was the highest figure in 2 years and the second highest quarter ever for the group.
He said stock for resale was at a consistent level, and minimal uncontracted stock was available.
The company achieved its build target of 450 new homes for the year, delivering 454 retirement units, 133 of them in December.
Attribution: Company release.