{"id":124687,"date":"2022-02-24T04:22:43","date_gmt":"2022-02-23T21:22:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-annual-profit-up-135-boosted-by-543m-revaluations\/"},"modified":"2022-02-24T05:05:57","modified_gmt":"2022-02-23T22:05:57","slug":"summerset-group-annual-profit-up-135-boosted-by-543m-revaluations","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-annual-profit-up-135-boosted-by-543m-revaluations\/","title":{"rendered":"Summerset Group annual profit up 135%, boosted by $543m revaluations"},"content":{"rendered":"<p>&#013;<br \/>\nNew Zealand&#8217;s second-largest listed retirement company pushed up bottom-line profit 135 per cent, showing how the pandemic isn&#8217;t denting the sector&#8217;s profitability but driving it to new heights.Summerset Group made $543.7 million&#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=12506791&amp;ref=rss\" target=\"_blank\" rel=\"noopener\">Summerset Group annual profit up 135%, boosted by 3m revaluations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New Zealand&#8217;s second-largest listed retirement company pushed up bottom-line profit 135 per cent, showing how&#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-124687","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-wr5","jetpack-related-posts":[{"id":121612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-makes-263-8m-on-property-revaluations\/","url_meta":{"origin":124687,"position":0},"title":"Summerset Group makes $263.8m on property revaluations","date":"August 24, 2021","format":false,"excerpt":"\r The $4.4 billion listed retirement specialist Summerset Group has made $263.8m net profit after tax after a $260m surge in property revaluations.Net profit after tax turned around from the Covid-hit first half of last year when...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset Group makes 3.8m on property revaluations","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-half-year-net-profit-slips-4-as-valuation-gains-ease-expenses-rise\/","url_meta":{"origin":124687,"position":1},"title":"Summerset half-year net profit slips 4% as valuation gains ease, expenses rise","date":"August 13, 2019","format":false,"excerpt":"\r Summerset Group reported a 4 per cent drop in net profit to $92.6m due mainly to less spectacular property revaluations, rising expenses and increasing finance costs.Total revenue from the retirement business rose 13 per cent from...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset half-year net profit slips 4% as valuation\u2026","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":124687,"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":107393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revaluations-push-up-argosy-profit-significant-39-6m-wellington-insurance-claim-lodged\/","url_meta":{"origin":124687,"position":3},"title":"Revaluations push up Argosy profit, &#039;significant&#039; $39.6m Wellington insurance claim lodged","date":"May 23, 2019","format":false,"excerpt":"\r Annual property revaluation gains of $70.5 million saw diversified listed Argosy Property push up net after-tax profit from $98.2m last year to $133.7m but it claimed a 'significant' $39.6m insurance on an earthquake-damaged Wellington...\r \r Source : nzherald.co.nz\/Property\r Read more...Revaluations push up Argosy profit, 'significant' .6m Wellington insurance claim\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121553,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-for-industry-recort-interim-profit-result-boosted-1600-by-248-2m-revaluation-gains\/","url_meta":{"origin":124687,"position":4},"title":"Property For Industry recort interim profit result boosted 1600% by $248.2m revaluation gains","date":"August 20, 2021","format":false,"excerpt":"\r Revaluations of $248.2 million pushed listed giant specialist Property For Industry to increase net profit 1600 per cent and make $273.5m in its latest half-year.The business with more than 90 properties valued at $2.02b declared...\r \r Source : nzherald.co.nz\/Property\r Read more...Property For Industry recort interim profit result boosted 1600%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-revaluations-push-ryman-healthcare-interim-profit-up-32-to-281-5m\/","url_meta":{"origin":124687,"position":5},"title":"Strong revaluations push Ryman Healthcare interim profit up 32% to $281.5m","date":"November 19, 2021","format":false,"excerpt":"\r Stronger than previous property revaluations pushed up interim reported net profit of New Zealand's largest listed retirement business 32 per cent. Ryman Healthcare made $281.5 million reported net profit after tax in the half-year...\r \r Source : nzherald.co.nz\/Property\r Read more...Strong revaluations push Ryman Healthcare interim profit up 32% to\u2026","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\/124687"}],"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=124687"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124687\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}