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New Zealand: Summerset to expand Christchurch site

Summerset Group, New Zealand’s third-largest listed retirement village operator, has purchased additional land adjacent to its Casebrook village in Christchurch. The 2.1 hectare land will provide for an additional 71 villas at the NZ$100 million (US$63.95 million) site.

Financial terms of the additional land have not been disclosed.

“We are seeing strong enquiry for our Casebrook village, which is currently under construction, with the first homes available to move into in March next year. We are excited to be able to secure this land to provide more homes for Canterbury retirees,” said Summerset CEO Julian Cook.

On completion, Summerset on Cavendish will now offer over 340 homes, including two and three bedroom villas and serviced apartments. There will also be rest-home and hospital level care as well as our first memory care centre in Christchurch. Summerset’s innovative, award winning memory care concept means people living with dementia have their own one bedroom apartment complete with living space and bathroom in a secure environment..

Summerset acquired the site in September 2015.

Posted on: 15/11/2017 UTC+08:00


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