Latest news and market insights.
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.
Protecting Your Capital
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.
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.
Investor Portal Developments
The development of the Investor Portal continues as we focus on improving the Investor Experience. The portal pro an expanding range of services, enabling you to have direct 24 hour access to your investment, alongside support from the Registry and Operations team. View a brief update from Head of Operations / Compliance, Clive Jimmieson, on the Portal development and plans.
Our Investment Portfolio
Watch a video of our current lending portfolio (as at July 2023). Our management team has extensive experience lending to senior lending facilities throughout New Zealand.
Work still to be done on senior living facility supply - JLL NZ report
Despite a decade of significant growth, New Zealand’s thriving senior living sector is still struggling to keep pace with demand from an ageing population. This is among the key take-outs from JLL NZ’s 10th annual Senior Living and Aged Care Report, released today.
Summer Update
Senior Trust has consistently returned 6% pa or better over the past 6 years. The income is underpinned by contracted loans that are secured by mortgages over a wide spread of senior living facilities stretching
from Keri Keri in the north to Wanaka in the south.
The Directors have confirmed the December Income distribution at 6%pa pre tax and are monitoring deposit rates closely. If appropriate we will increase future distribution rates to ensure Senior Trust maintains the long history of attractive returns.
Quarterly Report - Sep 2021
According to research published in JLL NZ’s 9th annual NZ Senior Living Facilities and Aged Care Whitepaper, there are currently 422 senior living facilities operating in New Zealand, comprising just under 36,500 units. But while these figures reflect strong recent growth in the senior living 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 Senior Living Facility Growth
According to research published in JLL NZ’s 9th annual NZ Senior Living Facility and Aged Care Whitepaper, there are currently 422 senior living facilities operating in New Zealand, comprising just under 36,500 units. But while these figures reflect strong recent growth in the senior living facility 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
'Aurum on Clutha' Consent Granted
The Senior Trust Income Generator is pleased to provides funding to Clyde RV Limited Partnership, who are developing by developing a senior living facility in Clyde, a historic and picturesque town in Central Otago.
Resource consent has just been granted for a new 122-unit senior living facility and 60-unit aged care facility. Named ‘Aurum on Clutha’, work should be starting on the development in the first quarter of 2022.
Senior Living Facility Unit Shortage Looms As Supply Struggles To Keep Pace With Demand
According to research published in JLL NZ’s 9th annual NZ Senior Living Facility and Aged Care Whitepaper, there are currently 422 senior living facilities operating in New Zealand, comprising just under 36,500 units.
But while these figures reflect strong recent growth in the senior living facility 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
