Summerset Group Reports Strong Sales Amid Economic Headwinds

Summerset Group Holdings Limited (DE:20S) has released an update.

Summerset Group Holdings Limited reported a robust sales quarter with 289 sales of occupation rights, an 11 percent increase from the previous year, despite challenging economic conditions. The company highlighted the successful delivery and welcoming of residents at its new flagship St Johns village, signaling ongoing expansion and resilience in the retirement living sector. Sales were geographically balanced with more than half coming from outside the major cities of Auckland, Wellington, and Christchurch.

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