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Press Release – Arvida Group 25 May 2021 – NZX listed retirement village and aged care operator Arvida Group Limited today reported a record full year IFRS net profit for the year ending 31 March 2021 up 207% on the prior year at $131.1 million. Results included the impact of unrealised movements in the fair value of investment property. Arvida Chief Executive Bill McDonald said performance had been strong this year despite disruptions from New Zealand’s response to the Covid-19 pandemic impacting first half results. Underlying profit1 for the year at $51.9 million was in line with the ...

Tuesday, 25 May 2021, 9:16 am 25 May 2021 – NZX listed retirement village and aged care operator Arvida Group Limited today reported a record full year IFRS net profit for the year ending 31 March 2021 up 207% on the prior year at $131.1 million. Results included the impact of unrealised movements in the fair value of investment property. Arvida Chief Executive Bill McDonald said performance had been strong this year despite disruptions from New Zealand’s response to the Covid-19 pandemic impacting first half results. Underlying profit1 for the year at $51.9 million was in line with the ...

Press Release – Arvida Group 25 May 2021 NZX listed retirement village and aged care operator Arvida Group Limited today reported a record full year IFRS net profit for the year ending 31 March 2021 up 207% on the prior year at $131.1 million. Results included the impact … 25 May 2021 – NZX listed retirement village and aged care operator Arvida Group Limited today reported a record full year IFRS net profit for the year ending 31 March 2021 up 207% on the prior year at $131.1 million. Results included the impact of unrealised movements in the fair value of investment property. Arvida...

Building consents: Summerset Village's $40 million addition 13 May, 2021 06:00 PM 5 minutes to read Summerset by the Dunes' main building in Pāpāmoa will be similar to the newly opened main building at Summerset Rototuna in Hamilton pictured here. Photo / Supplied Summerset by the Dunes' main building in Pāpāmoa will be similar to the newly opened main building at Summerset Rototuna in Hamilton pictured here. Photo / Supplied A new $40 million Pāpāmoa retirement village project will add another 119 serviced apartments, care and dementia beds to the Bay's "highly demanding" market. ...

Covid 19 coronavirus: Retirement village Arvida's sales undeterred by lockdowns 27 Jan, 2021 08:28 PM 3 minutes to read Retirement village residents' movements were severely restricted in the pandemic lockdown but that didn't restrict buying appetite. While residents were actively discouraged from leaving villages throughout New Zealand and few friends or relatives could get in, sales of major operators in the latter part of last year rose. NZX listed retirement village owner Arvida today released sales results for the last quarter of 2020, showing a 29 per cent jump in the ...