What's at stake: Retirement village operators are racing to capitalise on the new luxury segment of the market.
Background: Until now, affluent older Kiwis looking for high-end retirement living have been poorly catered for.
Main players: Winton-owned Northbrook; Oceania Healthcare; Generus Living Group.
Waimarie means ‘good fortune’ in Māori, and residents of The Helier in Waimarie Street live a fortunate life indeed.
Oceania Healthcare’s almost completed luxury residences on the cliffs above Auckland’s St Heliers offer a service more akin to a five-star hotel than a retirement village.
The
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