Report
Tony Sherlock
EUR 147.86 For Business Accounts Only

Tour of Melbourne Sites Supports Ryman’s Decision to Enter Australian Market

As part of an investor tour, we visited Ryman Healthcare’s five Melbourne sites, and of these, only the 251 unit and 82 bed Weary Dunlop Village in Wheelers Hill is fully operational. Permits have yet to be received for the remaining four sites, but is well advanced for two. Australian demographics look very supportive of Ryman’s expansion in Australia. Given the average entry age to a retirement village is 75, the retirement and aged care sectors have very positive growth fundamentals. Accordin...
Underlying
RYMAN HEALTHCARE LTD.

Ryman Healthcare develops, owns and operates integrated retirement villages, resthomes and hospitals for the elderly within New Zealand and Australia.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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