Latest news and market insights.

Senior Trust Annual Report and Financial Statements 2025

Senior Trust has positioned itself for significant growth in the aged care element of senior living. As part of our growth strategy, we recently signed a Memorandum of Understanding with Radius Care Limited.

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’.

The report looks at investment broadly, noting the importance of investing in innovative primary and community care models, supporting preventative interventions for dementia, and ensuring access to reliable, quality home and community support services.

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.

We are pleased to announce that due to the strong performance of the Senior Trust Income Generator, the targeted distribution rate increased to 8% per annum (pre-tax), effective 1 April 2024.