New Ryman village planned for Takapuna

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


MEDIA RELEASE June 12, 2020
New Ryman village planned for Takapuna
Ryman Healthcare is planning to build a new Takapuna retirement village with stunning views of Lake
Pupuke and Auckland.

The almost 7,000 sq m site is in the heart of Takapuna, next to Killarney Park, close to shops and
local amenities. The purchase is subject to Overseas Investment Office approval.

The former fire service site already has a resource consent for a five-storey aged care village, and
Ryman intends to work with the existing plans to build a village with approximately 67 independent
apartments, 31 serviced apartments and 45 aged care beds.

The $1 20 million village will include resthome, hospital and dementia level care and provide
sustainable long-term jobs for a team of healthcare workers.

Jeremy Moore, Chief Development Officer, said the site was in one of New Zealand’s premium
locations and was perfect for a boutique village.

“Our residents are in for a treat. There are stunning views in all directions and it’s close to
everything you could need in Takapuna. We think it is a stunner, and we can’t wait to get going and
build.’’

All Ryman villages are named after significant local people. Ryman’s other villages in Auckland include
Edmund Hillary in Remuera, Grace Joel in St Heliers, Bert Sutcliffe in Birkenhead, Murray Halberg in
Lynfield and William Sanders in Devonport.

“We’d like to hear from anyone with naming suggestions – we’re looking for a name that everyone
in Takapuna can be proud of.’’

The village will include a movie theatre, hair and beauty salons, a bar and café.

Ryman Healthcare is New Zealand’s largest retirement village operator, and its most trusted. Ryman
has been named the Most Trusted Brand in the retirement living and aged care sector by Reader’s
Digest six times, including 2020.

Founded in 1984, Ryman Healthcare’s 36 villages in New Zealand and Australia are home to more
than 11,600 residents.
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 11,600 residents, and
the company employs over 6,000 staff.

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

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


Aerial photo of Ryman’s new Takapuna site.