Summerset Group Holdings Limited (SUM.NZ)
Summerset Group Holdings Limited operates in the Medical - Care Facilities industry of the Healthcare sector, headquartered in Wellington, WGN, NZ. The stock last traded at $8.30, up 0.85% on the session, giving a market capitalisation of $2.01B. Its beta of 0.29 implies it has historically moved less than the broad market.
Summerset Group Holdings Limited, along with its various subsidiaries, is engaged in the creation, ownership, and management of comprehensive retirement communities throughout New Zealand and Australia. These communities offer a full spectrum of care options, including residential aged care, hospital care, specialized memory care, and both temporary respite and short-stay services. For residents, accommodation choices are extensive, ranging from villas, cottages, and townhouses to diverse apartment types, including serviced units, as well as dedicated care centers. The company also undertakes the development of land specifically for these senior living projects. Currently, Summerset develops and operates 29 such villages, housing approximately 6,900 individuals. Established in 1997, the company's corporate headquarters are situated in Wellington, New Zealand, and it functions as a subsidiary of New Zealand Central Securities Depository Limited.
Summerset Group Holdings Limited is most often compared with the following Healthcare names: