- Release Date: 02/05/14 14:23
- Summary: GENERAL: RYM: Media release - May 2 2014
- Price Sensitive: No
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RYM 02/05/2014 12:23 GENERAL REL: 1223 HRS Ryman Healthcare Limited GENERAL: RYM: Media release - May 2 2014 Ryman plans Devonport retirement village Ryman Healthcare is planning to build a new retirement village at Devonport on Auckland's North Shore. Ryman has secured a 4.2 hectare site owned by Ng?ti Wh?tua ?r?kei on Ngataringa Rd, where it plans to build retirement village which will eventually be home for up to 300 residents. Managing Director Simon Challies said the site had magnificent views of Auckland harbour and the city, and the village would be a great asset for Devonport's retirement community. "There's no retirement village in Devonport at the moment and all our research shows there is considerable demand or care and retirement living amenities in the area. As well as providing homes for independent residents the village will also provide resthome, hospital and dementia care.'' "This means that people with care needs currently living in the area can stay in the place they love without having to move out of Devonport.'' The village will free up hundreds of homes for resale in the area. Chief executive of Whai Rawa, Ng?ti Wh?tua ?r?kei commercial arm, Rob Hutchison said the iwi is excited by the opportunity. "We are really pleased to be working with a major player such as Ryman and we look forward to seeing what is planned for the site.'' "Ng?ti Wh?tua ?r?kei wanted to ensure there was a long-term development at Wakakura, which would provide not only for its people but also create housing opportunities for the community and we believe this will achieve that.'' About Ryman Healthcare: Ryman was founded in 1984 and has become one of New Zealand's largest listed companies. The company owns 27 villages and serves over 7,500 residents in New Zealand and Australia. Each village offers a combination of retirement living and aged care. Media advisory: For further information, photos, interviews or comment please contact Corporate Affairs Manager David King on 03 366 4069 or 021 499 602. End CA:00250051 For:RYM Type:GENERAL Time:2014-05-02 12:23:13
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