12 Sep 2012

Ilam Park site sold

8:07 am on 12 September 2012

Metlifecare has sold its Ilam Park site in Christchurch to Bupa Care Services New Zealand for $9.4 million.

The sale is part of a plan by Metlifecare to sell sites as part of its purchase of Vision Senior Living and Private Life Care in July this year.

The retirement village operator is concentrating on premium Auckland, Waikato and Bay of Plenty markets.