Latest news and market insights.

Promisia Integrated Limited, an aged care provider partly funded by Senior Trust, has opened the first wing of its Aldwins House aged care facility.

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

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.

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.

The combination of a surging senior living sector and a low yield interest environment are behind the recent launch of a further investment offer from Senior Trust Management Limited.

Senior Trust 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.