Summerset's Oz expansion taking longer than expected – analyst
The company delivered 13 new units in Australia in the six months ended June, but expects to bring 300 to market in FY27.
Summerset's St Johns village in Auckland.
An investment analyst is querying the pace of Summerset’s expansion across the Tasman.
Australia is regarded by the retirement village operator as a “significant opportunity” for it to continue to grow the business, starting with Victoria and Queensland.
The company, in its interim results
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