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Ryman News

Wednesday, 09 August 2017

MEDIA RELEASE

Peter St George-Hyslop
wins the Ryman Prize

rymanprize17-KOR_5757_Small.jpg

A world-renowned researcher has won the 2017 Ryman Prize in recognition of his more than 30 years of ground-breaking contribution to research into Alzheimer’s Disease.

Professor Peter St George-Hyslop, who splits his time between research labs at the Universities of Toronto and Cambridge in the United Kingdom, has won the 2017 Ryman Prize for his more than 30 years of research into neuro-degenerative diseases.

His research work has focused on discovering the key genes and proteins that cause cells to degenerate in diseases such as early onset Alzheimer’s Disease.

His work has also helped other research better understand other neuro-degenerative diseases, such as Parkinson's, motor neuron disease, and Creutzfeldt-Jakob (mad cow) disease.

He was presented with the prize by the Right Honourable Bill English, Prime Minister of New Zealand, at a special presentation in Wellington today (August 9).

Ryman Prize juror Dr Naoko Muramatsu said Professor St George-Hyslop’s research had led to a much better understanding of neuro-degenerative diseases.

“Since the mid-1980s he has carried out pioneering research in a field which was little understood. Millions of people around the world have Alzheimer’s and Peter’s research has had a profound influence on its understanding, and the ability to diagnose and treat it. He thoroughly deserves this award for his many decades of commitment to scientific discovery, teaching, and sheer hard work.’’

“He has also been a prolific research author, and his 390 published scientific papers have been cited by other researchers more than 33,000 times. This means that his discoveries have been widely disseminated to form the basis of other research and discoveries.’’

Professor St George-Hyslop said he was chuffed to win.

“The prize came as a complete surprise - but one that is exceptionally exciting for two reasons. At a personal level, it is obviously thrilling to have one’s professional work and the work of one's colleagues publicly recognised. However, there is a much larger importance to this prize. It signifies a sea-change in how society perceives disorders affecting the health and well-being of their older members. It signals a growing understanding of the urgency of getting to grips with these increasingly common, devastating conditions that impact not only those individuals affected by them, but also their family and their caregivers, and the state in which they live."

The Ryman Prize is a $250,000 international prize which rewards the best work in the world that has enhanced quality of life for older people. It is the world’s richest prize of its type and was established to create the equivalent of a Nobel Prize for people working in the field of the health of older people.

Gordon MacLeod, Chief Executive of Ryman Healthcare, said the aim of the prize was to encourage the best and brightest minds in the world to think about the health of older people.

“We’re delighted to support the prize because it recognises the importance of this field of healthcare. The world’s population is rapidly ageing, and people are living longer with chronic diseases. These issues have no borders - we want to do everything we can to help tackle what is a worldwide problem.’’

The prize was launched in 2015 and the inaugural prize was won by Gabi Hollows, the founding director of The Fred Hollows Foundation.

Gabi Hollows set up the charity with her late husband Professor Fred Hollows, and together they worked tirelessly to tackle the problem of preventable blindness in the developing world.

In the 26 years since the Hollows Foundation was established more than 1 million people have had their sight restored.

The 2016 prize was won by Professor Henry Brodaty. Professor Brodaty is a pioneer in diagnosis and treatment of Alzheimer’s and dementia and his influence has been felt around the world.

About Peter St-George Hyslop: Professor St George-Hyslop is a British-Canadian geneticist and physician.

He was born in Kenya and was educated in the United Kingdom. He completed his medical training in Canada, graduating in 1976, before pursuing post-doctoral research in internal medicine and neurology at the University of Toronto and Harvard Medical School.

He served his first appointment at Harvard's Massachusetts General Hospital, where he taught molecular genetics and neurology from 1987 to 1991.

He was appointed to the University of Toronto in 1991, and since 2003 has held the university's highest rank of University Professor. Since 1995, St George-Hyslop has served as the director of the Tanz Centre for Research in Neurodegenerative Diseases at the University of Toronto Faculty of Medicine

In 2007 St George-Hyslop was appointed Professor of Experimental Neuroscience at the University of Cambridge, where he still works.

He divides his time between Canada and the United Kingdom.

About the Ryman Prize:
The Ryman Prize is administered by the Ryman Foundation. The annual prize consists of a $250,000 grant which is awarded to the best invention, idea, research concept or initiative that has enhanced quality of life for older people.

The Ryman Prize is awarded in New Zealand but is open to anyone, anywhere in the world with a bright idea.

The prize is a philanthropic initiative aimed at improving the lot of those over 75 years of age. In Western countries, such as New Zealand and Australia, this is a significant demographic, which is set to more than double over the next 30 years. The rapid ageing of the population will be even more pronounced in the developing world. The prize pool has come from an anonymous donor and the prize is administered with support from Ryman Healthcare, New Zealand’s largest retirement village operator.

The Ryman Prize jury includes:

  • Professor Brian Draper, Conjoint Professor in the School of Psychiatry at the University of New South Wales.
  • Professor Sarah Harper, Director of the Oxford Institute of Population Ageing.
  • Professor Tim Wilkinson, consulting geriatrician and Associate Dean of Medical Education, Otago School of Medicine.
  • Dr Naoko Muramatsu, health and ageing research specialist, University of Illinois at Chicago.
  • Professor Erwin Neher, Nobel Laureate and Professor at the University of Göttingen, Germany. Dr Neher is a biophysicist who won the Nobel Prize for Medicine in 1991.
  • Dr David Kerr, Ryman Healthcare Chairman, Fellow and Past President of the New Zealand Medical Association, Fellow with Distinction of the Royal New Zealand College of General Practitioners.

Media advisory: For interviews with Professor Peter St George-Hyslop or further information, photos, interviews or comment please contact Ryman Prize director David King on 03 366 4069 (00643 3664069) or 021 499 602 (006421 499 6902) Email david.king@rymanhealthcare.com.

 

Monday, 31 July 2017

MEDIA RELEASE: July 31, 2017

Art exhibition showcases amazing talent

art expo

The Forever Art Exhibition held at Anthony Wilding Retirement Village during the weekend was a smash hit with over 500 attendees.

The exhibition, in association with Arts Canterbury, was held over three days starting with a cocktail party on Friday night. Residents and special guests had the opportunity to view the art on Friday night, while the exhibition was open to the public on Saturday and Sunday.

Anthony Wilding resident Nan Soutar was one of the first guests to take a peek at the exhibition. She was particularly taken by a ballerina painting.

“If I had the space, I would have bought all the art here!” she said enthusiastically.

This sentiment was echoed by residents Ella Bolsover and Patricia McMinn who were captivated by a painting of the now demolished Christchurch Girls High.

“That was my old school,” Ella said gesturing to the painting. “This brings back fond memories!”

The exhibition included fantastic paintings, sculptures, ceramics, fibre and jewellery from over 50 talented artists.

One of these artists was Anthony Wilding’s very own Edward Freeman. Edward, 87, has been a resident of Anthony Wilding for over 10 years and was a silversmith for 40 years.

He is a member of the Silversmith Guild of Canterbury and taught classes at the Christchurch Art Centre for 15 years.

Edward was very happy to sell some of his last pieces.

“I don’t make jewellery anymore but I am happy to see these last ones go!”

Artist Angela Mole has a special connection to Ryman as her auntie Peggy Drury is a resident at Malvina Major. Angela loved the village as it felt like a real community to her.

“Anything inspires me, I had a few Japanese students who were homesick so I had the idea of painting kimonos with Kiwiana themes. They loved it.”

The exhibition showcased some amazing talent with art ranging from landscapes to more intimate portraits of people.

Artist Ira Mitchell-Kirk became a fulltime artist when she realised time was limited after the 2011 earthquakes struck.

“I wrote a list after the earthquakes of what I wanted out of life. I’ve been an artist all my life but I realised that now was the time to pursue it even more.”

Residents Rose and Stuart Foster were some of the very first visitors to buy art.

“What a lovely event, we’re leaving before we buy any more pieces!” Rose said.

A percentage of the sales went to Ryman’s charity partner for this year, Alzheimers New Zealand.

About Ryman Healthcare: Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies. The company owns 31 villages and serves over 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 021 499 602.

 

Thursday, 27 July 2017

Annual Meeting media release:

Ryman marches on in Melbourne

Ryman Healthcare has started work on its second Melbourne village and shareholders can expect more progress in the coming year as it ramps up its expansion plans in Victoria.

Dr David Kerr, Chairman of Ryman Healthcare, told shareholders at the company’s annual meeting in Charles Upham Retirement Village in Rangiora today that planning consents for new villages in Burwood East and Coburg had been lodged and work was under way at Brandon Park as the Melbourne expansion gathered pace.

Ryman’s design team was also busy developing plans for new villages at Mt Eliza on the Mornington Peninsula, and Geelong.

“Earthworks are under way at Brandon Park, and we had very positive public meetings there last week to launch the village - with pre-sales already much stronger than anticipated,’’ Ryman Chief Executive Gordon MacLeod said.

“We’ve found great acceptance of our terms in Australia since we opened at Wheelers Hill three years ago. Our unique Ryman-style villages, with a full range of care options, and our fair and simple to understand terms are key points of difference in Australia. Our aim is for residents to be delighted with the experience of living in a Ryman village.’’

“We’re also about to get started on new villages at Devonport and Lynfield in Auckland so we have a busy year ahead.’’

Dr Kerr told shareholders that demand at existing villages had been strong in the first quarter, occupancy at established care centres was running at 97% and trading was in line with expectations.

Development earnings would be heavily weighted towards the back end of the second half, in line with the timing of the construction programme at Ryman’s developing villages. Growth in the first half of the year would be limited as a result.

Ryman’s bank facility had been extended by $125 million to $1.125 billion, providing increased working capital to fund the expansion and landbank in Melbourne, along with the greater up-front investment required for apartment style villages.

Dr Kerr said Ryman’s care team was busy with the company-wide rollout of its new myRyman Care application. The app – which eliminates paperwork for nursing and care staff – would be operational in all villages by the end of 2018.

Ryman’s Chairman told shareholders that Immigration New Zealand’s proposed policy changes for skilled migrant workers had created uncertainty for many employees and Ryman had written to Ministers and met with them to express its concerns.

“We have a lot of immigrant nurses and caregivers who have been in New Zealand for several years, serving our residents well, and they’ve told us they are worried about the changes. We have asked the Government to grandparent their skills and to provide a clearer pathway to residency. We want their hard work and commitment to our residents recognised. They deserve it.’’

Dr Kerr said the aged care industry was expecting a sharp increase in demand as the population rapidly ages.

“We will do our level best to recruit staff locally as we grow, and the increased funding the Government has provided to increase pay rates in the sector will definitely help with local recruitment. That said, there is a skills gap which we need to fill each year and skilled migrants are likely to continue to be a critical part of our workforce.’’

Dr Kerr said demand in Auckland remained strong but resources remained tight because of the high level of construction activity.

“We have been building in Auckland for a long time so we have good momentum, which means we can move teams from site to site. We’re expecting our first residents at our new Greenlane village in the second half, new stages at Bert Sutcliffe in Birkenhead are progressing and we’re about to get under way at our two recently consented Auckland sites at Lynfield and Devonport.’’

Last month Ryman revealed it would be expanding in West Auckland after securing a 4.5-hectare site on Lincoln Rd.

Ryman has five villages under construction and another 11 in the pipeline as it gears up for a step-change in the growth of the population aged over 75 in New Zealand and Australia.

“Demand for the essential services we provide in care and support is about to escalate rapidly, and we are investing to meet that real need in the communities we serve.''

In May Ryman reported a 13% lift in underlying profit to $178 million in the year to March 31, 2017. Ryman’s medium term target is to growing underlying profit by 15%.

Ryman developments:

New villages under construction:

  • Greenlane, Auckland: Construction continuing.
  • Brandon Park, Melbourne: Earthworks under way.
  • Rangiora, North Canterbury: Village complete, expansion planned.
  • Pukekohe: Construction continuing.
  • Petone, Lower Hutt: Construction continuing.

New villages consented:

  • Devonport, Auckland: Site works due to begin.
  • Lynfield, Auckland: Site works due to begin.

New villages in design/consenting phase:

  • Burwood East, Melbourne.
  • Coburg, Melbourne.
  • River Rd, Hamilton.
  • Mt Eliza, Victoria.
  • Highton, Geelong.
  • Hobsonville, Auckland.
  • Newtown, Wellington.
  • Lincoln Rd, Auckland.
  • Site A, New Zealand.

About Ryman Healthcare:
Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies. The company owns 31 villages which are home to more than 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.

 

Friday, 16 June 2017

MEDIA RELEASE: June 16, 2017

New retirement village planned in West Auckland

IMG 5422 Large

Ryman Healthcare Group Development Manager Andrew Mitchell and Laidlaw College Foundation Chairman Graham Burt at the Laidlaw College site.

Ryman Healthcare is planning to build a new retirement village in fast-growing West Auckland.

New Zealand’s largest retirement village operator has secured a 4.5-hectare site on Lincoln Rd, close to the Lincoln Rd shopping precinct.

The land is currently part of Laidlaw College’s campus, but is surplus to the college’s needs.

“Ryman is an ideal organisation to become our new neighbour,’’ Graham Burt, chairman of The Laidlaw College Foundation said.

“We feel very much part of the Henderson area having been here for over 50 years and we’re keen to ensure a good fit for both ourselves and the community as a whole.’’

Ryman Healthcare Group Development Manager Andrew Mitchell said the company intended to redevelop the site as a resort-style retirement village which will be home to more than 400 residents.

As well as independent retirement housing, the new village would offer a full range of aged care services including serviced apartments, and resthome, hospital and dementia care. Ryman will be consulting closely with the local community as it developed its plans.

“We think there’s a real shortage of retirement living options housing in the area – and demand will only increase as the retired population grows,’’ Andrew Mitchell said.

There are more than 107,000 people in the immediate area, including more than 10,000 retirees.

“The village will mean that West Auckland people will no longer have to look elsewhere for somewhere to live in their retirement – they can stay in the place they love close to their families and friends,’’ he said.

The new development will free up a number of local homes for resale as people move into the village.

Amenities will include a café, gym, bowling green, hairdressing salon, reflection room, movie theatre, bar and an indoor swimming pool.

As well as providing construction work the village will create long-term jobs for the area. There will be roles for registered nurses, caregivers, housekeepers, activities co-ordinators and gardeners.

Ryman Group Sales and Community Relations Manager Debbie McClure said the village would be named in honour of a West Auckland local and suggestions were welcome.
“The best suggestions come from the people who know the area and its history well. We’d love to hear any suggestions.’’

Ryman is expanding to keep up with demand as the population ages. Statistics New Zealand estimates the number of New Zealanders aged 75 plus will almost triple to almost 700,000 over the next 30 years.

Once complete, the village will be Ryman’s 11th in greater Auckland. Ryman is developing other villages at Hobsonville, Greenlane, Lynfield and Devonport and has existing villages in St Heliers, Remuera, Howick, Pukekohe, Birkenhead and Orewa.

Note for investors/analysts: The site was listed in Ryman Healthcare’s annual results presentation land bank section as ‘Site B’.

About Ryman Healthcare: Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies. The company owns 31 villages and serves over 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 021 499 602.

 

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