Oceania grows premium care revenue, plans greenfield development
Retirement operator sees 30% growth in 'deferred management fees'.
Oceania Healthcare CEO Brent Pattison.
Oceania Healthcare has reported a 15.7% year-on-year rise in its annual underlying profit based, in part, on 30% growth in the total of “deferred management fees” it receives from its villa and apartment holders when their residence period ends.
The Auckland-based retirement village and aged
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