Summerset Group Holdings Limited (SNZ.AX)
Summerset Group Holdings Limited operates in the Medical - Care Facilities industry of the Healthcare sector, headquartered in Wellington, WG, NZ. The stock last traded at $6.78, down 1.74% on the session, giving a market capitalisation of $1.64B. Its beta of 0.29 implies it has historically moved less than the broad market.
Summerset Group Holdings Limited specializes in the development, ownership, and operation of comprehensive retirement communities across New Zealand and Australia. These villages provide a full spectrum of elder care services, including residential care, hospital-level support, specialized memory care, and both respite and short-term options. Residents can choose from diverse accommodation types, such as independent villas, cottages, townhouses, apartments, and serviced apartments, all complemented by on-site care centers. Beyond managing its existing portfolio, the company is also involved in the development of new land for its retirement complexes. Currently, Summerset oversees 29 operational villages, serving approximately 6,900 seniors. The firm was established in 1997, maintains its corporate headquarters in Wellington, New Zealand, and operates as a subsidiary of New Zealand Central Securities Depository Limited.
Summerset Group Holdings Limited is most often compared with the following Healthcare names: