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Summerset listed on the NZX in November 2011, raising capital to increase its growth plans to cater for the increasing retirement population in Auckland. [4] At the time of its listing it had 13 retirement villages. The current Chief Executive of Summerset Group Holdings Ltd is Julian Cook. [5] Competition for Summerset in the New Zealand aged ...
Acacia Cove, a retirement village, was opened in 1993 and currently has 217 villas and 15 self-contained apartments. [15] Wattle Downs Care Home, operated by Bupa, was opened in March 2016 and is a further retirement community situated opposite Acacia Cove. It includes 60 rest homes, a medical and geriatric hospital and Bupa Short Stay services ...
Bupa Villages and Aged Care Australia cares for around 5,300 residents across 59 homes and 1 retirement village. Bupa Villages and Aged Care New Zealand cares for around 3,300 residents in 49 homes and 37 retirement villages in New Zealand. The company's main office is in Melbourne. Other major offices are in Adelaide, Brisbane and Sydney.
Metlifecare is one of New Zealand's largest retirement village providers. They currently own and operate 43 retirement villages throughout the North Island of New Zealand. They have been listed on the NZX since 1994, [4] and the Australian ASX main board since October 2013, [5] until 2020, when the company was acquired by EQT Infrastructure ...
Te Ara Ahunga Ora Retirement Commission (formerly Commission for Financial Capability), is a Crown entity under the New Zealand Crown Entities Act 2004. [1] The Commission provides financial education and information to residents of New Zealand, advises government on retirement income policy, and monitors the effectiveness of the Retirement Villages Act 2003.
While new retirement communities have developed in various areas of the United States, they are largely marketed to older adults who are financially secure. Lower income retirement communities are rare except for government subsidized housing, which neglects a large proportion of older adults who have fewer financial resources. [11]
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