A property owned by Freedom Lifestyle Villages at Ravenswood in Christchurch. Photo / Freedom Lifestyle VillagesAround 1000 people live in the five villages and their average age is around 70, McDonald said. Asked who was selling the 24.9% stake, McDonald said new shares were being issued via Freedom Group Holdings. In 2021, contractors broke ground on the new lifestyle village along Pukehangi Rd in Rotorua but now homes have been completed and people live there. In 2021, the Herald reported on the development of the 197-home Freedom village in Rotorua.

Source: New Zealand Herald October 08, 2024 01:14 UTC