Metlifecare has 'good buffer' if property prices plunge
Record profit for the retirement village provider.
Calida Smylie Mon, 28 Aug 2017
Metlifecare has a good buffer if the housing market corrects dramatically, its chief executive says.
The retirement village operator reported a 10% increase in full-year net profit to a record $251.5 million in the year to June 30. Underlying profit, which removes unrealised gains in asset
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).