Churches and charities have sold out of another 11 rest homes including Auckland's Roskill Masonic Village.
Tuesday, July 12th 2005, 5:42AM
by The Landlord
Masonic Village chief executive Paul Heeney said the village was sold on Friday in a deal due to go unconditional on July 29.
The buyer is in the aged care industry and will keep the retirement units, rest home and hospital as a going concern. It is also looking at building more retirement units on the site.
The three retirement complexes of Methodist Mission Northern - Wesley Village in Mt Eden, Everil Orr Village in Mt Albert and Franklin Village in Pukekohe - have been sold as businesses to the New Zealand Life Care Group, a privately owned company that runs 10 other rest homes from Auckland to Christchurch.
The mission will keep ownership of the land at all three homes.
The Care and Independence Charitable Trust has sold Hillsborough Hospital and Remuera Life Care retirement village in Auckland, Mitchell Downs in Rotorua, the Care and Independence Hospital in Taupo and three rest homes in Christchurch to the country's biggest private resthome operator, Guardian Healthcare.
