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Latest news and market insights.

‘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.

Senior Trust Steps Up Aged Care Strategy

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.

Retirement Commission Report Summary 2024

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.

Retirement Commission Report Summary 2024 - Distribution rate increase announced!

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.

Annual Report 2023

We’re pleased to report that the Income Generator has maintained its track record of predictable and measured growth despite a turbulent backdrop. The senior living sector enjoys steady growth, thanks to an ageing population driving demand. As a specialist lender in this sector, our aim is to leverage our management team’s decades of experience and proven investment principles for the benefit of our Shareholders.

Our objective is stable, attractive returns

Watch a presentation by our Executive Director, Scott Lester, who walks through how we are tracking against our key objective which is to deliver consistent, attractive returns to our investors. Scott looks at the current opportunity underpinned by the ageing population and also reviews our step by step risk management approach.

Senior Trust Investing Fundamentals

Watch an update from our Executive Director John Jackson who looks at the senior living sector and the demographic demand for senior living. John reviews the projected build requirements for the industry to meet this demand and also provides an overview of the facilities that Senior Trust lends to.

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When investing, past performance is no guarantee of future performance. A minimum subscription of $1,000 applies. Applications will only be received on the application form supplied with the Product Disclosure Statement (PDS).

 

Please read the PDS before investing. Note that the definition of "Retirement Village" used in the PDS is wider than a village which is registered under the Retirement Villages Act and includes other types of residential accommodation for persons above a defined age. The latest information about our current loans is set out in the ‘Table of Loans’ document on the Disclose Register.

The current targeted distribution rate is 8% (pre-tax) per annum. Our distribution policy is set at the discretion of the directors and is not a fixed rate of return. Payment of distributions is not guaranteed. We recommend you seek financial advice relevant to your circumstances.

SENIOR TRUST RETIREMENT VILLAGE INCOME GENERATOR LIMITED

Registered Office:

Level 1, 20 Beaumont Street, Freemans Bay, Auckland, 1010

Postal Address:

The Directors, PO Box 113120, Newmarket, Auckland, 1149

Copyright © Senior Trust. All rights reserved.

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