Announcement

GENERAL: OCA: Oceania Healthcare receives another major resource consent 11:46a.m. 
OCA  
12/09/2019 11:46  
GENERAL  
NOT PRICE SENSITIVE  
REL: 1146 HRS Oceania Healthcare Limited  
 
GENERAL: OCA: Oceania Healthcare receives another major resource consent  
 
OCEANIA HEALTHCARE RECEIVES ANOTHER MAJOR RESOURCE CONSENT  
84% OF DEVELOPMENT PIPELINE NOW CONSENTED  
 
Oceania Healthcare is pleased to announce that it has obtained another  
significant resource consent from Auckland Council for the redevelopment of  
its Elmwood Village in The Gardens, Manurewa, Auckland. The resource consent  
was granted on a non-notified basis.  
 
Oceania Healthcare already had resource consent to construct a new 142 room  
aged care centre on land adjacent to the site that was acquired in 2016, and  
this new consent allows Oceania Healthcare to construct five new buildings,  
comprising 229 new independent living apartments and a new community centre,  
as part of the redevelopment of the site. The property is in an excellent  
location opposite the Botanical Gardens in Manurewa and the redevelopment  
will build upon Elmwood's strong reputation for delivering the highest  
quality care to its residents.  
 
Oceania Healthcare Chief Executive Officer, Earl Gasparich said "We are very  
pleased to have received the consent for the redevelopment of Elmwood  
Village. Following on from the resource consent for our Waimarie Street  
development, this is another excellent outcome and essentially completes the  
resource consenting phase of our key strategic redevelopment sites in  
Auckland, Hamilton, Tauranga, Nelson and Christchurch. With the receipt of  
this consent, the proportion of our development pipeline that already has  
consent (including units and beds currently under construction) has increased  
to 83.6%."  
 
ENDS  
For all media enquiries, please contact Miriam Carter on (09) 361 0350  
Oceania Healthcare Limited is New Zealand's third largest residential aged  
care provider and sixth largest retirement village operator. Oceania  
Healthcare has a total of 3,856 beds, suites and units located at 46 sites in  
the North and South Islands.  
End CA:00340819 For:OCA Type:GENERAL Time:2019-09-12 11:46:01  

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