AUCKLAND, NEW ZEALAND: Profit of circa $12.7m enables 7% (pre-tax) per annum distribution to investors, while entering into a new loan facility. 

Senior Trust Retirement Village Income Generator Limited (STIG) has released its Annual Report for the year ended 31 March 2025, reporting a profit of $12.7 million. This enabled gross distributions of $12.57 million to investors, representing a seven per cent pre-tax annual return. 

The company’s audited results also report all bank debt repaid during the year, $11 million held in cash reserves at balance date, and equity increasing to $198 million. 

Executive Director John Jackson said the results underscored the value of Senior Trust Retirement Village Income Generator Limited’s specialist focus. 

“Senior Trust Retirement Village Income Generator Limited is proud to have delivered another year of strong operating performance, while fully repaying bank debt and maintaining a stable share price. Our disciplined approach to lending means we continue to fund high-quality senior living communities that meet New Zealand’s growing demand for senior housing. With an ageing population and a projected shortfall of retirement units, we believe our strategy is well-placed to create value for both investors and communities,” said Mr Jackson . 

Portfolio of “Great Villages”  

At year end, Senior Trust Retirement Village Income Generator Limited total facility limit was $250.6 million spread across a diversified loan portfolio. Notable investments  include: 

  • The Hill Pukekohe (Sanderson Group) – a new loan facility supporting the growth of a premium village designed for modern retirement living. 
  • The Botanic, Orewa – a large-scale, master-planned community with high quality residences, wellness facilities and landscaped amenities. 
  • Orewa Sands – completion of the first stage of apartments, with community facilities built early to encourage engagement and wellbeing. 
  • Quail Ridge Country Club – continuing growth under the leadership of experienced sector participant  Neville Brummer. 

These communities add to Senior Trust Retirement Village Income Generator Limited long-standing partnerships with experienced, capable operators. 

Sector outlook  

New Zealand’s retirement living sector is supported by demographic trends. The population aged 65+ is projected to further increase, with the number of people aged 85+ growing even faster. According to JLL’s annual Retirement Villages Market Review, the country faces a shortfall of nearly 8,400 units by 2033 unless development accelerates.  

Mr Jackson said these dynamics highlight the importance of Senior Trust Retirement Village Income Generator Limited’s role as a specialist lender. 

“The need for new, high-quality villages is ongoing. Our role is to provide capital to trusted operators so they can deliver communities that senior New Zealanders want to call home. This model generates income for our investors while addressing a nationwide housing  challenge.” 

Investor care and transparency  

Senior Trust Retirement Village Income Generator Limited has also invested in improving the investor experience, with the development of a new online Investor Portal providing secure, 24-hour access to investment information.  

Having made operational changes to the business, Senior Trust Retirement Village Income Generator Limited recently lodged a new Product Disclosure Statement (PDS). The updated PDS reflects these amendments, which needs to be considered when reviewing Senior Trust’s track record and provides comprehensive, up-to-date information for our investors.  

Strategy and returns  

Senior Trust Retirement Village Income Generator Limited’s focus remains on preserving shareholder capital, maintaining a $1.00 share price, and generating distributions through secured lending to the  senior living  sector. The company continues to prioritise rigorous due diligence, active loan monitoring and strong operator relationships as part of its approach. 

ENDS. 

 

ABOUT 

Senior Trust Retirement Village Income Generator Limited is a specialist lender to New Zealand’s retirement village and aged care sector. Through secured lending to experienced operators, Senior Trust funds the development and expansion of premium senior living communities nationwide.  

 

Senior Trust Retirement Village Income Generator Limited is the issuer of the products. The Product Disclosure Statement for the offer is available and can be obtained on our website at www.seniortrust.co.nz 

 

Its objective is to deliver returns to investors while supporting the growth of high-quality communities that meet the needs of New Zealand’s ageing population.