Latest news and market insights.

Kalmar making good progress on expansion at The Grove

Drone photo’s shows progress at The Grove, overcoming supply and covid disruption to keep the building program on track. Part of our rigorous process at Senior Trust is open and regular communication with the facilities we fund.

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.

Valuations increase 15 Dec 22 - Stable capital, steady income

The facilities we lend to must provide independent valuations. Recent reports show significant value increases – reflecting strong demand for quality senior living facilities, and the high performance of those we lend to.

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.

'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.

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.