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‘Retirement village supply shortfall looming’ - The Press
Commercial real estate firm JLL has released its annual Retirement Villages Market Review, reporting that ‘New Zealand will be short nearly 8400 retirement village units by 2033 if the sector does not boost development to keep up with demand’.
It goes on to say, ‘JLL head of research Gavin Read said that marked a significant increase from previous years, driven by continued demand from the country’s ageing population’.

Retirement village development still not enough to meet demand
A report on the state of retirement villages highlights regional inequities and a critical shortage in the number of aged care units, despite a recent ramp-up in development.
Property management firm JLL's latest Retirement Villages Market Review to the year ended December 2023, indicates there needed to be a significant increase in the rate of development to meet future demand.