News
'AURUM ON CLUTHA' CONSENT GRANTED
The Senior Trust Retirement Village Income Generator is pleased to provides funding to Clyde RV Limited Partnership, who are developing by developing a retirement village in Clyde, a historic and picturesque town in Central Otago.
Resource consent has just been granted for a new 122-unit retirement village and 60-unit aged care facility. Named ‘Aurum on Clutha’, work should be starting on the development in the first quarter of 2022.
QUARTERLY REPORT - SEP 2021
According to research published in JLL NZ’s 9th annual NZ Retirement Villages and Aged Care Whitepaper, there are
currently 422 retirement villages operating in New Zealand, comprising just under 36,500 units. But while these figures reflect strong recent growth in the retirement village sector, JLL NZ Managing Director, Todd Lauchlan, says the statistics paint
a picture of an industry struggling to keep up with demand from our ageing population
Rising Property Values Fuel Regional Retirement Village Growth
Escalating property prices in the regions, coupled with widespread loneliness during the Covid-19 lockdowns, are helping fuel a boom in the retirement village industry in areas like Kerikeri and Central Otago.
Source: Scoop August 2021
AGM 2021 HIGHLIGHTS
Watch the highlights from the Senior Trust Retirement Village Income Generators 2021 AGM.
We review the retirement village market and provide an update on the performance of the company.
Click on the video to watch.
Retirement Village Unit Shortage Looms As Supply Struggles To Keep Pace With Demand
According to research published in JLL NZ’s 9th annual NZ Retirement Villages and Aged Care Whitepaper, there are currently 422 retirement villages operating in New Zealand, comprising just under 36,500 units.
But while these figures reflect strong recent growth in the retirement village sector, JLL NZ Managing Director, Todd Lauchlan, says the statistics paint a picture of an industry struggling to keep up with demand from our ageing population.
Source: Scoop 1 July 2021
Lockdown loneliness sees surge in sign-ups for villages
Loneliness during lockdown may be behind a huge spike in sales at retirement villages, with one reporting a nearly 50 per cent rise.
Watch the video to learn more.
Source: 1 News
Promisia Opening Additional
Aged Care Facility
Promisia Integrated Limited, an aged care provider partly funded by Senior Trust, has opened the first wing of its Aldwins House aged care facility.
Reserve Bank more serious about negative interest rate
The Reserve Bank is laying more groundwork for cutting the Official Cash Rate below zero which would benefit borrowers at the expense of savers who have already seen interest rates on term deposits and other cash savings hammered.
Senior Trust Retirement Village Income Generator
The combination of a surging retirement village sector and a low yield interest environment are behind the recent launch of a further investment offer from Senior Trust Management Limited.
Income Generator Enters Into a New Loan
Forest Glen is resource consented to provide 113 units of mixed size, with 105 on-site carparks, as well as a full range of amenities, in park-like settings adjacent to the Nukumea Stream Reserve on Orewa’s northern border
Electra Acquires Stake in Quail Ridge
Electra Limited announced today that it has acquired a 49.9% stake in Quail Ridge Country Club Limited and its associated building company, Kerikeri Falls Investment Limited.
Income Generator Enters into a Loan with Ranfurly Village
Senior Trust Retirement Village Income Generator (“Income Generator) announces it has entered into a loan agreement with Ranfurly Village Limited. Click the link below to read more about Ranfurly.