Famous female jockey, Linda Jones with Ryman Healthcare's chief executive Gordon MacLeod at the recent opening of a retirement village in River Road in Hamilton. Ryman Healthcare will build new retirement villages in Auckland, Christchurch and Melbourne regardless of a flat residential property market. In Auckland, Ryman is planning a new $150m village for 300 residents at Kohimarama next to Selwyn College. READ MORE:* Ryman Healthcare pays compensation for delay at Devonport retirement village* Residents in closing retirement villages 'too vulnerable' to be left* Retirement villages are booming, but what are the catches? * Karori retirement village design changes are 'more or less' as intended, Ryman Healthcare insists* Successful Ryman founder steps down after 34 yearsThe new Kohimarama village in Auckland will create 120 permanent jobs when completed.

Source: Stuff May 23, 2019 20:59 UTC