RYM To RAD: Take a look at prominent NZX-listed retirement villages

According to Stats NZ, the older population is set to increase in New Zealand The number of people from 65+ years of age to cross the 1-million mark Therefore, there is a need for more retirement villages and homes

People falling in age bracket of 65+ and 85 year of age is witnessing a rise with each passing year. It is followed by a massive demand of elderly care homes. NZ is trying its best to fulfill them. OCA, PHL, RYM stocks are discussed in this article.

Healthcare has taken the centre stage in almost all countries due to the pandemic The COVID-19 pandemic gave a boost to several healthcare companies AFT announced today that its contract with the US Licensee had been terminated

RYM, RAD, and SUM are some of the renowned NZX-listed retirement stocks, offering a secure and friendly environment for their residents.

One-thirds of spending in NZ Budget 2022 has been allocated to healthcare Out of this, NZ$191 million has been for Pharmac, a medicine-buying agency Pharmac to secure drugs and medicines for New Zealanders through this funding

With a rise in COVID cases, NZ is seeing an increased rate of hospitalisations, which has put pressure on its health systems. FPH, SUM, and BLT are some of its renowned healthcare companies.

Retirement villages have seen a rise in demand since 2020. Recently, South Waikato District Council updated that property developer Tim Bartells is investing NZ$200 million to build 254 village units in the region.

NZ is witnessing a fresh surge in Omicron cases with over 11K new cases reported in the last 24 hours.

With the growing cases of COVID-19 and flu infections, NZ’s health systems are under tremendous pressure. However, the Government is trying its best to limit the spread of infections.

NZ is facing new COVID wave with elderly at the most risk of falling ill.