Arvida Media Release: 18 March 2024


Arvida confirms the possible sale of Timaru retirement community.

Arvida has confirmed the possible sale of Strathallan retirement community, located in Gleniti Timaru, to Presbyterian Support South Canterbury (PSSC).

PSSC is a charitable organisation that provides a range of health and social services to people of all ages and backgrounds in the South Canterbury region. They have a long history of providing services to local communities that extends over 100 years.

Currently PSSC operates three aged care facilities locally in Timaru and Temuka: Margaret Wilson, Wallingford and The Croft. It has been operating these for over 30 years.
Arvida Chief Executive, Jeremy Nicoll says “We will be working closely with PSSC to ensure a smooth transition so that care and support continues to be delivered for all residents. Strathallan has been a key part of Arvida since 2017 and we look forward to seeing PSSC’s continued commitment to providing a high-quality experience at Strathallan.”

PSSC CEO Carolyn Cooper says “The purchase of Strathallan will enhance Presbyterian Support’s ability to provide a range of aged care and retirement options within the district. We are really excited to be working with the skilled and caring team at Strathallan”.

ENDS

For more information, please contact:
Robbie Walker
M: 021 229 7709

Carolyn Cooper
M: 027 686 5005

About Arvida
Arvida builds, owns and operates 36 retirement communities across New Zealand that provide quality retirement community living and aged care services to New Zealanders over 65 years. Their communities celebrate their uniqueness but share an overarching mission to make residents lives better with everything they do. This enables each community to express its own character, personality and identity.

Over 6,750 residents live in Arvida retirement communities supported by 2,700 employees. The communities offer a range of living and lifestyle options – from independent living to rest home, hospital and dementia care. Arvida is listed on NZX.
www.arvida.co.nz


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