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02-09-2021, 10:54 PM
#9811
Member
 Originally Posted by 850man
The neighborhood where Sky is located is not a match for a retirement village, well not OCA's target market anyway. Just my 2 cents
Mate this is Auckland. Any land of that size in the Auckland Isthmus is a golden nugget. I know Mt Wellington can get a bit dodgy but it's so close to Ellerslie...Ellerslie has come a long way in the last 10-20 years. Now it's a premier suburb.
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03-09-2021, 02:53 AM
#9812
Maybe Stockton had a big bust up over whether this Sky site was a goer and said to himself ‘heck if you guys have been seduced into thinking that site is awesome I’m out of here’
That’s the hidden meaning in “Oceania seeking a Group General Manager Property and Development with a broader set of skills which are necessary to focus on new opportunities, identifying acquisitions and innovations in Oceania’s building designs to meet its sustainability goals and the needs of our residents of the future.”
Last edited by winner69; 03-09-2021 at 02:58 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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03-09-2021, 07:35 AM
#9813
Originally Posted by winner69
Maybe Stockton had a big bust up over whether this Sky site was a goer and said to himself ‘heck if you guys have been seduced into thinking that site is awesome I’m out of here’
That’s the hidden meaning in “Oceania seeking a Group General Manager Property and Development with a broader set of skills which are necessary to focus on new opportunities, identifying acquisitions and innovations in Oceania’s building designs to meet its sustainability goals and the needs of our residents of the future.”
Not too mention the new CEO probably wants to get an acquisition/development on the board. You could be onto something here
Stockton resigned 10 days before SKT did a u-turn and said they were now actively considering selling the whole site.
Last edited by jimdog31; 03-09-2021 at 07:38 AM.
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03-09-2021, 07:45 AM
#9814
They brought new land and a Village that can also be added too just after previous CEO left.
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03-09-2021, 07:51 AM
#9815
Originally Posted by Greekwatchdog
They brought new land and a Village that can also be added too just after previous CEO left.
Thanks - Whereabouts was that one?
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03-09-2021, 07:57 AM
#9816
From 23/03 - Oceania Healthcare Limited (NZX/ASX: OCA) (Oceania) today announced its plans to raise approximately NZ$100 million to fund the acquisition of a premium retirement village, Waterford on Hobsonville Point, and its existing leased facility and adjacent development land in Franklin through a fully underwritten NZ$80 million placement of new shares (Placement) and a non-underwritten retail offer (Retail Offer) of up to NZ$20 million, with the ability to accept oversubscriptions at Oceania’s discretion (together, the Equity Raise).
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03-09-2021, 08:04 AM
#9817
Originally Posted by Greekwatchdog
From 23/03 - Oceania Healthcare Limited (NZX/ASX: OCA) (Oceania) today announced its plans to raise approximately NZ$100 million to fund the acquisition of a premium retirement village, Waterford on Hobsonville Point, and its existing leased facility and adjacent development land in Franklin through a fully underwritten NZ$80 million placement of new shares (Placement) and a non-underwritten retail offer (Retail Offer) of up to NZ$20 million, with the ability to accept oversubscriptions at Oceania’s discretion (together, the Equity Raise).
Thanks, so would we say that Franklin (pukekohe) is a premium location? they obviously try and do high quality developments.
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03-09-2021, 08:22 AM
#9818
Pattison told Stockton that’s one cool site in Mt Wellington …the next big thing in Auckland. Go get it …we could be build hundreds and hundreds of units on it.and even have space for a big care centre.
Stockton said ‘I know the area, its low rent and totally at the other end of the property spectrum compared to sites like our other ones (exactly like beagle said) and Brent if you want to go down the community / council housing path I’m out of here.”
That’s when Pattison told him he’s an old codger so please go and said he’d get somebody who’s not stuck in his old ways and can bring some new and innovative thinking to Oceania.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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03-09-2021, 09:22 AM
#9819
Originally Posted by Ogg
This is the new Sky thread, we're taking over this place, lol.
Looks like you are mainly talking with yourself. Do you really need to do this on this forum?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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03-09-2021, 09:44 AM
#9820
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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