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News

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Senior Trust Quarterly Report July 2021

This report outlines a year of strong performance based on
investment principles that have evolved over decades of experience as a specialist lender to the retirement village sector.

Source: Scoop  July 2021

Retirement Village Unit Shortage Looms As Supply Struggles To Keep Pace With Demand

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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.