New Ryman village planned in Kohimarama

Ryman Healthcare Ltd, 92 Russley Rd, Avonhead, Christchurch 8140


MEDIA RELEASE May 24, 2019
New Ryman village planned in Kohimarama
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 owned by Whai Rawa Property Holdings, part of Ngāti Whātua Ōrākei.
Ryman has bought the lease off a third party. It is a137- 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.

Ryman Healthcare Ltd, 92 Russley Rd, Avonhead, Christchurch 8140

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 Healthcare was founded in Christchurch in 1984 and owns and operates 36
retirement villages in New Zealand and Australia. Ryman villages are home to over 11,500 residents,
and the company employs over 5,300 staff.
Contacts: For media information or images contact David King, Corporate Affairs Manager, on 021
499 602 (+64 21 499 602) or email david.king@rymanhealthcare.com

For investor relations information contact Michelle Perkins, Investor Relations Manager, on 027 222
9684 (+64 27 222 9684) or email michelle.perkins@rymanhealthcare.com