Retirement village developer, Summerset Group Holdings Limited (ASX: SNZ) has reported fourth quarter sales numbers. In 4Q19, the sales were 209, comprising 116 new sales and 93 resales.
- New sales during the quarter were the strongest in three years.
- The group opened three new villages in Christchurch, Tasman and Wellington.
- Its 2019 build programme delivered 354 retirement units.
For FY 2019, the total sales of occupation rights were 652 compared to 640 in the previous year.
SNZ was trading at $8.4, up by 5 per cent from the previous close. (1:21 PM AEDT)