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Ryman News

Monday, 12 December 2016

Media release December 12, 2016

Charles Upham Retirement Village opens in Rangiora

Family open village named in honour of North Canterbury hero

Charles Upham Retirement Village has been officially opened by the war hero’s three daughters.

Amanda Upham, Virginia Mackenzie and Caroline Reynolds joined with more than 200 residents and guests for the opening party at the $100 million Ryman Healthcare village on Oxford Rd on December 9.

The New Zealand Mounted Rifles Charitable Trust provided a guard of honour as a tribute to New Zealand’s finest combat soldier, and Dame Malvina Major performed an opening concert for residents.

Born in Christchurch in 1908, Charles Upham volunteered when war broke out and joined the 20th Battalion.

He was awarded the Victoria Cross – the Commonwealth’s highest award for bravery – twice for his supreme skills as a soldier and many acts of courage in Crete and Egypt. No other combat soldier has ever been awarded the Queen’s highest honour twice.

Virginia McKenzie, Charles Upham’s daughter, said the naming was a great honour.

“My father never liked to be singled out for praise. However, we agreed to this because we think he would have liked that the village will benefit families from the Canterbury and Westland regions where the 20th Battalion was drawn from.’’

Ryman Healthcare Deputy Chief Executive and CFO Gordon MacLeod said Charles Upham was a selfless hero, a great leader and a man who always put others first.

“His story is inspirational – Charles Upham was a great New Zealander. Not only did he put his life on the line countless times, he always put the welfare of his men first. As well as our finest soldier he was also an extremely kind man, who was loved by his fellow soldiers. The name Charles Upham means a huge amount to our residents, and this village will ensure his name is remembered and his story is told for generations to come.’’

Alan Burgess, one of the last remaining survivors of the 20th Battalion, said it was great to see the village named after Charles Upham.

“Inspirational is the only word for Charles Upham. The fellas who served with him always said he had no fear. Nothing seemed to bother him. When you talked to him he was he was just a farmer, a typical Kiwi fellow. He had a very good vocabulary!’’

The village’s logo includes a lion motif which is used on the Victoria Cross as a symbol of courage.

About Charles Upham

Charles Hazlett Upham was born in Christchurch in 1908 and worked as a shepherd and musterer before qualifying as a valuer.

When war broke out he volunteered and joined the 20th Battalion, training at Burnham.

Charles Upham became an internationally recognised hero after winning the Commonwealth’s highest honour for bravery – the Victoria Cross – twice. He is the only combat soldier ever to win two of the awards.

His first Victoria Cross was won in May 1941 when he was in charge of a platoon defending Maleme airfield in Crete. He led a number of attacks to protect his men and slow the German advance and fought on after being wounded. The raids he led were later described as “…remarkable exploits, showing outstanding leadership, tactical skill and utter indifference to danger.’’

His second Victoria Cross was awarded for five acts of gallantry in the battles at Minqar Qaim and Ruweisat Ridge in Egypt during July 1942. Once again he led a number of astonishing attacks against the enemy, with complete disregard for his own safety, and was wounded three times.

He was taken prisoner, spending the rest of the war in prisoner of war camps in Italy and Germany including the notorious Colditz Castle. He kept himself busy by becoming a serial escape artist and was a constant irritant to his captors.

His coolness under fire, his ability to take bold but calculated risks and complete indifference to danger won the highest praise. But Charles Upham always remained immensely modest, insisting that it was the work of his men that deserved praise and not anything he had done.

Charles Upham always despaired of the attention he was given. When he learned he had won a second honour he said: “They shouldn’t give it to me. What about all the others? We all did exactly the same things. Why pick on me?’’

After the war he married Molly McTamney, a Red Cross nurse from Dunedin he had become engaged to in 1938, and returned to New Zealand to farm and start a family. Charles and Molly had three daughters – Amanda, Virginia and Caroline. The couple farmed for more than 40 years at Conway Flat.

Charles Upham died in 1994 at the age of 86. The Mark of the Lion, the story of his exploits by Kenneth Sandford, became a bestseller in the 1960s.

About Charles Upham Retirement Village

The village on Oxford Rd is Ryman Healthcare’s 30th village, and will include 173 townhouses, 32 independent apartments, 96 serviced apartments, and care for up to 120 residents in its care centre. The care centre will include resthome, dementia and hospital care as well as assisted living for residents in its serviced apartments.

The village will also include resort facilities including a swimming pool, spa, movie theatre, library, beauty and hairdressing salons, and a bowling green.

About Ryman Healthcare: Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies. The company owns 30 villages and serves 10,000 residents in New Zealand and Australia. Each village offers a combination of retirement living and aged care.

Media advisory: For further information, photos, interviews or comment please contact Corporate Affairs Manager David King on 03 366 4069 or 021 499 602.


Monday, 05 December 2016

MEDIA RELEASE: Opening bash at Pukekohe’s new $120 million village

Ryman Healthcare’s new Possum Bourne Retirement Village has been officially opened in Pukekohe.

The Kiwi rally ace’s family gathered in the town on December 2 to join with residents of the brand-new village at a celebration to mark its opening and thank all the builders and subcontractors who built it.

Auckland Mayor Phil Goff and Peggy Bourne officially opened the village on behalf of Ryman Healthcare at the party for more than 300 guests.

A karakia by Ngati Tamaoho kaumatua Dennis Kirkwood and Hero Potini marked the start of the evening, and three Subaru rally cars stood guard at the entrance as a tribute to Possum.

Peggy Bourne said she was sure her late husband would have been honoured by the naming.

“Possum was born and raised in Pukekohe and he loved the place. Possum was very shy - believe it or not – and he might have been a little bit embarrassed - but very honoured.’’

She welcomed residents to their ‘awesome’ new home.

“I think all you guys are going to love living here. To come here and see how wonderful it is has been incredible.’’

Possum Bourne was Australasia’s most successful rally driver, winning the Australian Rally Championship seven times and the Asia Pacific Championship three times. He died in 2003 after his car was struck by another competitor while he was preparing for a race.

Peggy Bourne and children Taylor, Spencer and Jazlin were joined by other members of the Bourne family – including Possum’s mother Peggy – for a party to celebrate the naming on December 2.

Ryman Healthcare Deputy Chief Executive and CFO Gordon MacLeod thanked the Bourne family for lending their name to the retirement village and the Pukekohe community for taking Possum Bourne village to its heart.

“We have had huge support. Our first residents have done a great job telling all their friends and it has been the fastest-selling village in our 32-year history.’’

Auckland Mayor Phil Goff thanked Ryman Healthcare for the investment in Pukekohe and said everyone he spoke to who lived in retirement villages generally said the same thing: “I wished I had done it years ago.’’
Mr Goff said like most Kiwi men there was a big part of them that wished he was Possum Bourne.
“He loved this town and it is just a great name. He was a legend.’’
The Pukekohe village includes two and three-bedroom independent townhouses, apartments and an aged care centre. The aged care centre includes resthome, specialist dementia as well as hospital-level care.
The resort-style amenities will include a gym, a bowling green, a hairdressing salon, a chapel, a movie theatre, a bar and an indoor swimming pool.
About Ryman: Ryman Healthcare was founded in Christchurch in 1984 and owns and operates 30 retirement villages in New Zealand and Australia. Ryman villages are home to 10,000 residents, and the company employs 4,500 staff.
Media advisory: For further information, photos, interviews or comment please contact Corporate Affairs Manager David King on 03 366 4069 or 021 499 602.


Monday, 05 December 2016

Media Release: Bob Scott Retirement Village opens in Petone

The $120 million Bob Scott Retirement Village was been officially opened on November 24 at one of the biggest parties of the year in Petone.

Bruce Scott, son of the legendary All Blacks fullback and Petone stalwart, and Lower Hutt Mayor Ray Wallace officially opened the new village at a party attended by more than 300 special guests, residents, neighbours and staff.

The Graham St village was built by Ryman Healthcare and is the only retirement village in New Zealand built on base isolators to guard against earthquakes.

The village offers a number of retirement living options including independent apartments, serviced apartments and its care centre has resthome, hospital and dementia care. It also features a café, indoor swimming pool, movie theatre and hair and beauty salons.

Ryman Healthcare Managing Director Simon Challies said he had fallen in love with the site when he first visited in 2010.

“I climbed up on the riverbank and, with the river, the hills and the views I thought we could be on to a winner.’’

“Bob Scott represents a new generation of villages because of its size and features – we’ve never built anything quite like this before. It has also been our most technically difficult build to date because of its extensive earthquake prevention technology.’’

“Our design and construction teams have done an incredible job, it is a village we are extremely proud of.’’

The village was filling fast, Simon Challies said.

“We’d like to thank the Petone community for taking the village to its heart.’’

The Bob Scott village is the largest apartment complex in New Zealand built on base isolators to guard against earthquakes.

“It came through the November 14 quake with flying colours, we never imagined its base isolators would be put to the test so soon,’’ Simon Challies said.

Bruce Scott said the family was delighted to see the village named after his dad. Bob had been proud of his time in Petone where he pursued his loves of rugby and golf and raised the family.

Bob Scott worked in partnership for many years with All Blacks captain Andy Leslie, running Scott and Leslie menswear shop on Jackson St. Petone had a special place in Bob’s heart, Bruce said.

“The Petone menswear shop became a den of infamous analysis on post and pre-game performances Monday and Friday morning teas respectively,’’ Bruce said.

“Dad’s many years in business and community life in Petone made him proud of his personal achievements here, which included the honour of receiving an MBE.”

“He would have made him exceptionally pleased and proud to have the village named after him.’’

Andy Leslie welcomed all the new residents to the village, especially those who had moved from other parts of the city to live at Bob Scott.

“I’d like to thank Ryman for building this village, you can all be exceptionally proud of it,’’ he said.

Lower Hutt Mayor Ray Wallace thanked Ryman for making the investment in the area.

Ryman Healthcare names all its villages in honour of prominent locals. Other blocks at the village are named after of Petone-born ballet star Sir Jon Trimmer, and Petone All Blacks Don McIntosh, Ken Gray, Allan Hewson and as well as Andy Leslie.

Simon Challies thanked Bruce for allowing the name to be used.

“Bob Scott’s story is inspirational. He was incredibly talented and his hard work and perseverance motivated those who knew him. He was also a great character and we are pleased to be able to honour his memory in this way.’’

About Bob Scott:

Bob Scott was born in Wellington in 1921 and grew up in poverty during the depression.

A keen sportsman, he became a masterful bare foot kicker because he was unable to afford boots when he was young.

After volunteering to fight in World War 2, his sporting talent was soon recognised and he was selected to play for the Kiwi armed forces team.

After the war he played 17 tests for the All Blacks,and built his reputation as a nimble, attacking fullback who was able to land kicks from over half way. He is considered one of the finest All Blacks fullbacks ever to play.

Former commentator Winston McCarthy said Bob Scott could play in any position in the backline because of his supreme skills.

"For me there will never by anyone as great as Scott,'' Winston McCarthy wrote.

Bob ended his rugby career playing for Petone. He bought a menswear store on Jackson St which he ran for more than 20 years, becoming a well-known figure in the local business community.

He was awarded an MBE in 1995 for his services to sportand the community.Heretired to live on the Coromandel Peninsula and died in 2012 at the age of 91.


Friday, 18 November 2016

Eleven new villages in the pipeline

Ryman Healthcare’s underlying profit rose 9% to $76.5 million in the first half, while valuation gains lifted reported profit after tax by 41% to $187 million.

Ryman shareholders will receive an increase of 16% in their interim dividend to 8.5 cents per share, which will be paid on December 9. The record date for entitlements is December 2.

Chairman Dr David Kerr said strong gains from the resale of occupancy rights had driven the result and, as previously signalled, a busy construction programme has set the stage for a bigger second half.

“We've made good progress thanks to growing resident demand for our unique Ryman-style villages and a strong real estate market. The four new villages we opened this year are rapidly expanding to meet that demand, and are on track to be completed within the next 12-18 months."

On completion the four new villages in Birkenhead, Rangiora, Pukekohe and Petone will collectively be home to over 2,200 residents.

Shareholders’ equity had increased by 23% to $1.46 billion compared to last September, as pent up gains in the portfolio continued to lift. A strong balance sheet and growing operating cash flows had allowed Ryman to invest a record $272 million in new villages, innovation and upgrades to existing villages during the half.

Occupancy in Ryman’s established care centres was running at 97% during the first half, well ahead of the industry average of 89%.

Dr Kerr said the first half had been the busiest on record across all fronts, and had also seen the successful implementation of several new innovations. All of Ryman’s frontline village staff received new uniforms, and the rollout of the first stage of Ryman’s new app, myRyman Roster, was close to complete. Project Delicious, a revamp of Ryman’s food delivery, was also on its way to villages.

“Our focus continues to be on delivering a better experience for our residents and our staff,’’ Dr Kerr said. “The innovations we’ve introduced at our villages have been really well received, and the next cab off the rank is food service. Food is a subject close to our residents’ hearts, and we think Project Delicious will win a lot of fans.’’

Ryman moved a step closer towards its goal of having five villages open in Melbourne by 2020, with the recent acquisition of its fifth site in the suburb of Coburg. The company also purchased the landmark Moondah Estate at Mt Eliza in September.

Construction of the company’s second village at Brandon Park is targeted to start in the next few months, as soon as development approval has been received. “We continue to see significant potential in Melbourne for Ryman villages, and we look forward to working with each of the local communities as we develop our plans,” said Dr Kerr.

During the half Ryman had also replenished its New Zealand landbank with the acquisition of a new site in Hobsonville, Auckland. Dr Kerr said Ryman would continue to build new villages in both New Zealand and Melbourne, where there was a growing shortage of care and retirement living options as the population ages.

“Our aim is to give residents the chance to stay in the areas they love without having to leave to get care and support. We have eleven new villages in the pipeline which will serve a growing need in each of those communities.’’

On outlook, Dr Kerr said that increased scale has prompted the company to express guidance on underlying profit as a range of potential outcomes. For the full year underlying profit was expected to be in the range of $175 million to $185 million. "We are targeting steady growth again for the full year, which we would view as a satisfactory result given that we will not have any development contribution from Melbourne this year."

Dr Kerr said that the company’s aim was to expand at a sustainable rate, and to deliver a better, bigger and brighter Ryman for residents, families and staff. "We've achieved some important milestones in the half with the implementation of several new innovations, and we've got plenty more to come. For shareholders, our medium term target remains to grow our underlying profit and dividends by 15% per annum – doubling the company's profits every five years.”

New villages opened:
Petone, Lower Hutt: Construction continuing.
Birkenhead, Auckland: Construction continuing.
Pukekohe: Construction continuing.
Rangiora, North Canterbury: Construction continuing.

New village under construction:
Greenlane, Auckland: Ground work complete, construction under way.

New villages in consenting phase:
Devonport, Auckland
Brandon Park, Melbourne
Tropicana, Auckland
River Rd, Hamilton

New villages in planning and design phase:
Burwood East, Melbourne
Mt Eliza, Melbourne
Coburg, Melbourne
Hobsonville, Auckland
Newtown, Wellington
Site A, New Zealand

About Ryman: Ryman Healthcare was founded in Christchurch in 1984 and owns and operates 30 retirement villages in New Zealand and Australia. Ryman villages are home to over 10,000 residents, and the company employs over 4,500 staff.


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