Investor news

Investor news

New Ryman village planned in Kohimarama

Written by Ryman Healthcare
on May 24, 2019


Stunning site to provide homes for more than 300 retirees

Ryman Healthcare is planning to build a new $150 million retirement village at Kohimarama in Auckland.

The 3.1-hectare site is next door to Selwyn College and a short distance from the Eastridge Shopping Centre.

Ryman Acting Chief Development Officer Jeremy Moore said the Kohimarama Rd site was in an excellent Auckland suburb with a large retired population and a shortage of living options.

“It’s rare to find a site this large in Auckland which is close to great shops and handy to many other amenities.

“There’s a significant retired population in the wider eastern suburbs area and we plan to build a village with independent living and care on one site.

“We want to build a village that the Kohimarama community regard as a great addition to the area. We’ll be talking to them about our plans.’’

The site is leasehold land. Ryman has bought the lease off a third party. It is a 137 year lease, with perpetual rights of renewal.

The village will provide a significant number of construction jobs during the building phase and more than 120 permanent jobs once it is operating.

Ryman villages provide a full range of independent living options and aged care on one site, so that residents have the reassurance of knowing there is care on hand if they need it.

The village will include a care centre, with resthome, hospital and dementia-level care.

It will include serviced and independent apartments, an indoor swimming pool, movie theatre, café, hair and beauty salons and a bowling green.

Ryman Healthcare names its villages in honour of respected local people.

Other villages include Edmund Hillary, Grace Joel, Evelyn Page, Bruce McLaren and Possum Bourne.

Residents have just moved in at Murray Halberg village in Lynfield, and William Sanders village in Devonport.

Ryman Chief Sales and Marketing Officer Debbie McClure said naming suggestions were welcome.

“There’s nothing like a bit of local knowledge and we’ve found over the years that the best suggestions come from the people who know the place well. We’d love to hear any suggestions and to name it in honour of someone local.’’

Ryman has been in business for 35 years and has been voted the Most Trusted Brand in the aged care and retirement sector in New Zealand five times.

Ryman opened its first village in Auckland in 2003 and now has nine villages in the region.

About Ryman:

Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies. The company owns and operates 45 retirement villages in New Zealand and Australia which are home to more than 13,200 residents and the company employs 6,700 team members.

For investor relations information and enquiries:

Contact Hayden Strickett, Head of Investor Relations - email: 

Share registrar:

Our share register is managed by Link Market Services. Please send a change of personal details or any questions about dividends to or phone +64 9 375 5998.

For media information or images:

Contact Silke Marsh, Corporate Affairs Manager, on 027 294 3609 (+64 27 294 3609) or email

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