{"id":142770,"date":"2024-02-26T03:25:58","date_gmt":"2024-02-25T20:25:58","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-records-second-highest-profit-up-62-per-cent-after-revaluation-boost\/"},"modified":"2024-02-26T03:32:09","modified_gmt":"2024-02-25T20:32:09","slug":"summerset-group-records-second-highest-profit-up-62-per-cent-after-revaluation-boost","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-records-second-highest-profit-up-62-per-cent-after-revaluation-boost\/","title":{"rendered":"Summerset Group records second-highest profit, up 62 per cent after revaluation boost"},"content":{"rendered":"


\nCEO Scott Scoullar: ‘We withstood challenges and continued to grow.’
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Summerset Group records second-highest profit, up 62 per cent after revaluation boost<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CEO Scott Scoullar: ‘We withstood challenges and continued to grow.’ Source : nzherald.co.nz\/Property Read...<\/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-142770","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-B8K","jetpack-related-posts":[{"id":121384,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/huge-817-per-cent-revaluation-gains-boost-vital-healthcare-property-trust-annual-result\/","url_meta":{"origin":142770,"position":0},"title":"Huge 817 per cent revaluation gains boost Vital Healthcare Property Trust annual result","date":"August 12, 2021","format":false,"excerpt":"\r An enormous 817 per cent property revaluation increase boosted specialist listed medical and hospital landlord Vital Healthcare Property Trust's bottom line profit, up 20 per cent in the latest year.Vital's adjusted funds from operations...\r \r Source : nzherald.co.nz\/Property\r Read more...Huge 817 per cent revaluation gains boost Vital Healthcare Property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/argosy-property-books-record-interim-profit-up-11-after-91-7m-revaluation-boost\/","url_meta":{"origin":142770,"position":1},"title":"Argosy Property books record interim profit up 11% after $91.7m revaluation boost","date":"November 23, 2021","format":false,"excerpt":"\r Rising real estate valuations pushed listed landlord Argosy Property's interim net after-tax profit up by 11 per cent and tenants got $800,000 in rent abatements from pandemic lockdowns.Net profit after tax rose from $114.6 million...\r \r Source : nzherald.co.nz\/Property\r Read more...Argosy Property books record interim profit up 11% after\u2026","rel":"","context":"In "Property News"","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":142770,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-profit-falls-as-property-market-slows\/","url_meta":{"origin":142770,"position":3},"title":"Summerset profit falls as property market slows","date":"February 22, 2019","format":false,"excerpt":"\r Summerset Group said full-year net profit was down 11 per cent as the property market slows in some parts of the country, leading to a smaller valuation gain on retirement village portfolio.Net profit was $214.5 million for the...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset profit falls as property market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-profit-up-78pc-after-strong-sales-growth\/","url_meta":{"origin":142770,"position":4},"title":"Summerset profit up 78pc after strong sales growth","date":"August 15, 2017","format":false,"excerpt":"\r New Zealand's second-largest listed retirement business, Summerset Group, pushed up net after-tax profit 78 per cent to make $90.3 million in the latest half-year compared to $50.6m in the previous period.The business, second only...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset profit up 78pc after strong sales growth","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114495,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-profit-drops-18-after-retirement-unit-delivery-rate-falls\/","url_meta":{"origin":142770,"position":5},"title":"Summerset Group profit drops 18% after retirement unit delivery rate falls","date":"February 25, 2020","format":false,"excerpt":"\r Profit from retirement giant Summerset Group fell 18 per cent in the latest half-year due to unrealised investment property valuation changes reflecting fewer units developed.Summerset made $175.3m net profit after tax for the half-year...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset Group profit drops 18% after retirement unit delivery rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142770"}],"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=142770"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142770\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}