Revenue: Up 18% to $151.6 million in the six months ended June 30, 2024.
Profit: $102.2m, down 23%.
Main takeaway: The retirement village operator has added a $200m retirement development in Napier to its pipeline of projects.
Summerset Group has added a $200 million retirement development in Napier to its pipeline of projects, its fifth Hawke’s Bay property.
The publicly listed retirement home owner and operator has 39 villages on its books, of which 16 are in development. The addition of the Napier project brings its
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