The below article discusses the challenges faced by retirement village operators over the past three years, including disruptions in the building market, labor shortages, and the global pandemic. Despite these difficulties, investors are optimistic that the operators are now beginning to recover.
The article highlights that compared to countries like the United Kingdom, where there were significant deaths among aged care residents due to inadequate procedures during the pandemic, New Zealand's listed retirement village companies managed to take care of their residents well during this challenging period.