AUCKLAND, NZ: Summerset Group, a leading retirement village operator in New Zealand, has announced the purchase of two new properties in Rolleston (Christchurch) and Mosgiel (Dunedin) for more than $400 million. The company said that the new sites will each offer over 300 units and will cater to the growing demand for retirement living in…
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Summerset Group three properties in Australia and New Zealand
AUCKLAND, NZ: Summerset Group announced the purchase of two new properties in New Zealand and one in Australia. The New Zealand acquisitions are in Masterton (Wairarapa) and Rotorua (Bay of Plenty), while the Australian purchase is in Mernda (Victoria). The announcement comes as the company released its half-year result showing an underlying profit of $82.5…