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Summerset Group starts fourth Victorian village as it breaks sales record again
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Summerset Group starts fourth Victorian village as it breaks sales record again
The New Zealand-based retirement village operator is reaping the rewards of introducing upfront payments for its care suites, reporting record sales in the second quarter of the year. “We have continued to sell new Care Occupation Rights Agreements (ORA) and convert our care rooms to ORA as we seek to improve our care profitability,” Summerset CEO Scott Scoullar said this morning (Tuesday 7 October). “In Q3 29% of sales were Care ORAs (38% of n…
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