Summerset (SUM): 4Q22 Metrics – Sales of Occupation Rights
Summerset (SUM) released its 4Q sales metrics with some brief comments on the current environment; in the fourth quarter SUM had 139 new-sales and...
332 Views
Aged Care Sector: Montgomerie-Ibbotson Aged Care Pricing Index (13-Dec-2022)
Our Montgomerie-Ibbotson (MI) index decreased very slightly in November, down -0.1% versus October 2022 and up +5.1% vs November 2021 - this is the...
453 Views
Summerset Group: So Far So Good — Not Immune to Weak Market
Summerset (SUM) held a confident investor day in Auckland on Thursday, 8 December 2022 and we walk away with three main takeaways; (1) demand as...
391 Views
Aged Care Sector: What If? Fast Track to Ex-Growth
The aged care sector is valued around or significantly below equity book value, which suggests to us that the market is losing confidence not only...
363 Views
Aged Care Sector: Montgomerie-Ibbotson Aged Care Pricing ​​​Index
Despite the biggest (nominal) house price decline in NZ for at least 50 years, our Montgomerie-Ibbotson (MI) aged care pricing index increased ever...
189 Views