Land-rich Summerset coy on further lifting its build rate
After buying sites recently, Summerset's landbank would allow seven years' development at its current 400-unit rate. With special feature audio.
Jenny Ruth
Mon, 02 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Summerset’s [NZX: SUM ] chief executive won’t be drawn on whether the company will lift its build rate of new villages beyond the current 400 unit rate.
Speaking after the retirement village operator’s annual shareholders’ meeting on Friday, Julian Cook said investors will have to draw their own
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Jenny Ruth
Mon, 02 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.