ARV - Arvida Retirement Villages

[percy]

Merging 19 privately owned retirement villages into a single publicly owned company should prove challenging.19 different computer systems,19 different resident's contracts,19 different payrolls,19 different sets of standards,and 19 different sets of owners.Very challenging!!!
I think it shows that stand alone retirement villages can not compete with the likes of MET,RYM,and SUM.Compliance and other costs are now too high for them.
Yes more choice for the investor, having more listed retirement sector companies to chose from,but the fact remains the demand is,and will continue to be greater than supply.
I think the Ben Hurst referred to in the article is a member of The Hurst Pratley Group, who own a number of very good villages.