{"id":116641,"date":"2020-05-26T03:14:50","date_gmt":"2020-05-25T20:14:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/profits-fall-at-1-9b-retirement-giant-arvida-how-pandemic-affected-it\/"},"modified":"2020-05-26T06:09:49","modified_gmt":"2020-05-25T23:09:49","slug":"profits-fall-at-1-9b-retirement-giant-arvida-how-pandemic-affected-it","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/profits-fall-at-1-9b-retirement-giant-arvida-how-pandemic-affected-it\/","title":{"rendered":"Profits fall at $1.9b retirement giant Arvida, how pandemic affected it"},"content":{"rendered":"<p>&#013;<br \/>\nRetirement village owner and operator Arvida Group made $42 million annual net profit after tax, 28 per cent down on last year, with the pandemic hitting just before the end of its financial year.The business, whose shareholders&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12334750&amp;ref=rss\" target=\"_blank\">Profits fall at .9b retirement giant Arvida, how pandemic affected it<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Retirement village owner and operator Arvida Group made $42 million annual net profit after tax,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-116641","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ulj","jetpack-related-posts":[{"id":117526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-coronavirus-pandemic-costs-arvida-group-3m-sales-fall-costs-rise\/","url_meta":{"origin":116641,"position":0},"title":"Covid 19 coronavirus: Pandemic costs Arvida Group $3m, sales fall, costs rise","date":"July 3, 2020","format":false,"excerpt":"\r The pandemic cost listed retirement business Arvida Group $3 million, sales fell, construction sites were shut for months and Government subsidies didn't offset extra expenses, shareholders heard today.Peter Wilson, chairman of...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid 19 coronavirus: Pandemic costs Arvida Group m, sales fall, costs rise","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/e-tu-union-v-4-2b-retirement-giant-arvida-groups-wellington-village\/","url_meta":{"origin":116641,"position":1},"title":"E t\u016b union v $4.2b retirement giant Arvida Group\u2019s Wellington village","date":"July 19, 2024","format":false,"excerpt":"\r 'Won\u2019t be able to care for all of them because there won\u2019t be enough time.'\r \r Source : nzherald.co.nz\/Property\r Read more...E t\u016b union v .2b retirement giant Arvida Group\u2019s Wellington village","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-revenue-boost-revaluations-push-arvida-group-profit-up-51\/","url_meta":{"origin":116641,"position":2},"title":"Big revenue boost, revaluations push Arvida Group profit up 51%","date":"May 30, 2022","format":false,"excerpt":"\r Listed retirement giant Arvida Group, with assets worth $3.4 billion, pushed up annual profit by 51 per cent after a big revenue boost from expansion and property revaluations.Revenue rose 27 per cent following Arvida buying Arena...\r \r Source : nzherald.co.nz\/Property\r Read more...Big revenue boost, revaluations push Arvida Group profit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arvida-drives-up-profit-110pc-plans-500m-expansion\/","url_meta":{"origin":116641,"position":3},"title":"Arvida drives up profit 110pc, plans $500m expansion","date":"November 27, 2018","format":false,"excerpt":"\r Retirement giant Arvida Group, whose shareholders include ex-All Blacks Richie McCaw and Dan Carter, drove up half-year profit 110 per cent and has a $500 million-plus expansion plan in the next seven years.Net profit after tax...\r \r Source : nzherald.co.nz\/Property\r Read more...Arvida drives up profit 110pc, plans 0m expansion","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retirement-village-mover-lost-arvida-contracts-now-being-liquidated\/","url_meta":{"origin":116641,"position":4},"title":"Retirement village mover lost Arvida contracts, now being liquidated","date":"December 12, 2025","format":false,"excerpt":"\r After Americans bought Arvida, which then cut costs, the movers lost their contract.\r \r Source : nzherald.co.nz\/Property\r Read more...Retirement village mover lost Arvida contracts, now being liquidated","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tauranga-retirement-village-residents-lose-pathway-fence-dispute-with-arvida\/","url_meta":{"origin":116641,"position":5},"title":"Tauranga retirement village residents lose pathway fence dispute with Arvida","date":"March 5, 2026","format":false,"excerpt":"\r A disputes panel ruled Arvida could close the path and keep the fence.\r \r Source : nzherald.co.nz\/Property\r Read more...Tauranga retirement village residents lose pathway fence dispute with Arvida","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116641"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=116641"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116641\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}