Arvida Group Limited
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About Arvida Group Limited
Arvida Group is an aged care and retirement sector operator with a 'needs based' portfolio providing a full continuum of care. It has 29 villages with 1,761 aged care beds and 1,752 units, with the majority of these villages offering both independent living and aged care options. Although the portfolio is predominantly older villages, they are well established, well maintained and are generating solid cash flows. It has 15 facilities located in the South Island (including 8 in Christchurch), which provides regional diversification to its listed peers. ARV's strategy is focussed on brownfield developments and acquisitions which enhance and diversify its earnings.