06-08_0630_Prompt10_MetlifecareBupaHeritage
2026-06-08_0630_Prompt10_MetlifecareBupaHeritage
Sector evidence
Sector body
June 2026
Next review not yet scheduled
New Zealand
Medium confidence
published
SNZ editorial review
Evidence boundary: This record summarises the cited source. It does not establish local availability, individual eligibility, or professional advice.
Short Answer
Total comprehensive income: $90.1M (+76.6%, driven by care home revaluation gains of $47.6M)
Key Points
- •Total ORA sales: $301.5M (+16.4% vs 1H25)
- •Operating revenue: $133.4M (+10.9%)
- •NPAT: $42.7M (−16.3% vs 1H25, due to lower fair value gains)
- •Total comprehensive income: $90.1M (+76.6%, driven by care home revaluation gains of $47.6M)
- •Total assets: $7.236B (up from $6.960B at June 2025)
- •Net tangible assets: $2.507B
Full Summary & Notes
- Total ORA sales: $301.5M (+16.4% vs 1H25) - Operating revenue: $133.4M (+10.9%) - NPAT: $42.7M (−16.3% vs 1H25, due to lower fair value gains) - Total comprehensive income: $90.1M (+76.6%, driven by care home revaluation gains of $47.6M) - Total assets: $7.236B (up from $6.960B at June 2025) - Net tangible assets: $2.507B - Net gearing: 38.8% (broadly flat) - Bank refinancing completed: $1.05B facilities extended, pricing optimised, +$100M increase - Wānaka Peaks (Wānaka): $200M, 95 ILUs, 20 care suites — stage 1 delivered May/June 2026 - The Tides (Mangawhai): $110M, 160 ILUs, 20 care suites — stage 1 delivered May/June 2026 - North Ridge Village (Rototuna, Hamilton): $90M, 77 ILUs, 22 care suites — stage 1 delivered May/June 2026 - CEO Earl Gasparich cites projected 23,000-unit supply shortfall over 20 years - 4 additional greenfield sites targeted: Havelock North, Pukekohe, Napier, Whenuapai - Post-completion: 39 villages (from current 36), ~7,300 residents - Paul McClintock stepped down as Chair (effective 1 May 2026), served since Nov 2020 - Murray Jordan appointed Deputy Chair (Feb 2026), becomes Chair from 1 May 2026 - Laurissa Cooney appointed as Director (also director of Air NZ, Rabobank NZ, Goodman Property) - Sam Franklin (Managing Director at EQT) remains on board - Conditional acquisition of 5.5-hectare site within Manukau Golf Course, Manurewa, Auckland (reported on Yahoo Finance / NZ
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