{"id":148722,"date":"2025-01-09T03:30:53","date_gmt":"2025-01-08T20:30:53","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-groups-mistake-and-why-450m-project-is-mainly-unsold\/"},"modified":"2025-01-09T03:54:21","modified_gmt":"2025-01-08T20:54:21","slug":"summerset-groups-mistake-and-why-450m-project-is-mainly-unsold","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-groups-mistake-and-why-450m-project-is-mainly-unsold\/","title":{"rendered":"Summerset Group\u2019s mistake and why $450m project is mainly unsold"},"content":{"rendered":"<p>&#013;<br \/>\nA word can change a meaning and that was the case with the NZX statement on Tuesday.&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/business\/summerset-groups-mistake-and-why-450m-project-is-mainly-unsold\/U3Q7KLAW65FPJMLD4ZKE6YF3I4\/\" target=\"_blank\" rel=\"noopener\">Summerset Group\u2019s mistake and why 0m project is mainly unsold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A word can change a meaning and that was the case with the NZX statement&#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-148722","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-CGK","jetpack-related-posts":[{"id":148690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-makes-record-retirement-village-sales-up-12\/","url_meta":{"origin":148722,"position":0},"title":"Summerset Group makes record retirement village sales, up 12%","date":"January 7, 2025","format":false,"excerpt":"\r Just 25% of units finished at new St Johns village are under contract: 75% unsold so far.\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset Group makes record retirement village sales, up 12%","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":148722,"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":61966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-open-first-stage-of-250m-ellerslie-development\/","url_meta":{"origin":148722,"position":2},"title":"Summerset open first stage of $250m Ellerslie development","date":"July 27, 2017","format":false,"excerpt":"\r Stage one development of a $250 million Summerset retirement village in Ellerslie was opened today by Prime Minister Bill English. Summerset said the higher density nature of the retirement village, compared to the residential homes...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset open first stage of 0m Ellerslie development","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-to-repay-8-6m-wage-subsidy-chairman-rob-campbell-departs\/","url_meta":{"origin":148722,"position":3},"title":"Summerset Group to repay $8.6m wage subsidy, chairman Rob Campbell departs","date":"December 16, 2020","format":false,"excerpt":"\r Retirement village owner Summerset Group will repay the $8.6 million Government wage subsidy, has issued new profit guidance and chairman Rob Campbell is retiring.Metlifecare, Arvida and now Summerset all repaid the subsidy when...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset Group to repay .6m wage subsidy, chairman Rob Campbell departs","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95987,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-chief-extols-benefits-of-australian-expansion\/","url_meta":{"origin":148722,"position":4},"title":"Summerset chief extols benefits of Australian expansion","date":"August 14, 2018","format":false,"excerpt":"\r Listed retirement giant Summerset Group has sent a top development executive to Melbourne this year and chief executive Julian Cook said the business regarded Australia and particularly Victoria as offering opportunity.Talking about...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset chief extols benefits of Australian expansion","rel":"","context":"In &quot;Property News&quot;","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":148722,"position":5},"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 &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\/148722"}],"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=148722"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148722\/revisions"}],"predecessor-version":[{"id":148723,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148722\/revisions\/148723"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=148722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=148722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=148722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}