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Radius to buy four aged care facilities for $46.7m

The acquisition of properties it already leases opens up a significant development pipeline.

Andrew Bevin Wed, 30 Mar 2022

NZX-listed Radius Lifecare is buying four aged care facilities it already tenants for $46.7m and has another deal under way for a fifth.

In an announcement to the exchange this morning, Radius it was acquiring the land and buildings of Radius Arran Court (Auckland), Radius Fulton (Dunedin),

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Andrew Bevin Wed, 30 Mar 2022
Contact the Writer: andrew@nbr.co.nz
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Radius to buy four aged care facilities for $46.7m
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