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NZ Retirement Villages Amid Property Market Headwinds

NZ Retirement Villages Amid Property Market Headwinds

  • New Zealand’s leading retirement village developer and operator with 38+ villages and expanding Australian presence
  • FY25 underlying profit of NZ$234.2M increased 13% with revenue of NZ$361.8M, up 13%, demonstrating strong operational growth
  • Record new home sales of 1,560 homes increased 26% year-on-year, exceeding prior guidance and signaling strong market demand
  • Substantial land bank of 5,499 retirement homes plus 1,173 care homes provides multi-year development pipeline
  • Australian expansion accelerated with Victorian village operational and 10 additional development sites identified

Summerset Group Holdings (ASX: SNZ) operates as New Zealand’s leading retirement village…

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