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Arvida buying first plot of bare land to cope with expansion

The aged care provider more than doubled net profit.

Calida Smylie
Wed, 24 May 2017

Arvida Group [NZX:ARV] is buying its first piece of bare land to develop, as the aged care provider expands.

Arvida listed as a retirement village roll-up in December 2014 and has since bought several brownfield sites with buildings and infrastructure.

The group, which expects to spend $75

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Calida Smylie
Wed, 24 May 2017
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Arvida buying first plot of bare land to cope with expansion
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