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- Release Date: 03/12/12 10:30
- Summary: ASSET: MET: Metlifecare Announces Settlement of Nelson Village Sale
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MET
03/12/2012 08:30
ASSET
REL: 0830 HRS Metlifecare Limited
ASSET: MET: Metlifecare Announces Settlement of Nelson Village Sale
Company Announcement
30 November 2012
METLIFECARE ANNOUNCES SETTLEMENT OF NELSON VILLAGE SALE
Metlifecare Limited has settled the sale of its Oakwoods village in Nelson.
The sale confirms the implementation of Metlifecare's portfolio
rationalisation strategy announced as part of the company's merger with
Vision Senior Living and Private Life Care earlier in the year.
Metlifecare now has 23 operational villages in the North Island, with over
half of these villages located in Auckland.
ENDS
For more information, please contact:
Alan Edwards
Managing Director & CEO
Tel: 09-539-8000
About Metlifecare:
Metlifecare is a publicly listed aged care and retirement lifestyle company.
Established in 1986, the company has a proven track record of successfully
owning and managing retirement villages in New Zealand. Metlifecare currently
owns villages in prime locations in New Zealand, with most providing a full
continuum of care from independent villas and apartments through to serviced
apartments, rest homes and hospitals. www.metlifecare.co.nz
End CA:00230562 For:MET Type:ASSET Time:2012-12-03 08:30:31