Arvida Group

What Arvida Group does

Arvida Group Ltd (NZE:ARV) is a publicly listed New Zealand retirement village and aged care operator that was established via IPO in 2014 and currently operates 34 communities spread across 12 of New Zealand's 16 regions, from Northland and Auckland through Waikato, Bay of Plenty, Hawkes Bay, Manawatū-Whanganui, Wellington, Nelson, Marlborough, Canterbury, and Otago. The portfolio spans a full continuum of senior living options including independent villas, townhouses and apartments, serviced apartments with bundled meals and housekeeping, rest home and hospital-level residential aged care, and specialist dementia care, with newer Care Suites offering hotel-grade units whose hidden medical fittings enable hospital-level escalation without relocation. Underlying technology is operational rather than data-native: emergency call systems, monitored security, and in-unit smart climate features (heat pumps, double glazing, underfloor heating, automated climate control). The "Living Well" brand positioning emphasizes community-integrated design, with public-access cafes and Good Friends Living Well Centres at newer sites, and a household model of small consistent caregiver teams for dementia and rest home residents.

The business model combines a one-time ORA (Occupation Right Agreement) payment, secured by first-ranking mortgages in favour of the Statutory Supervisor, with recurring weekly/monthly care and service fees that escalate as resident needs increase. ORA pricing ranges from approximately NZD 195,000 to over NZD 1,000,000 depending on property type and region, while care suite and rest home rooms generate nightly fees between NZD 10 and NZD 80 per night. Capital structure includes NZD 125M of corporate bonds quoted on the NZ Debt Exchange at 2.87% maturing 22 February 2028, with Stonepeak represented on the board. Direct-to-consumer go-to-market runs through village managers and dedicated sales teams at each site, supported by a national enquiry line (0800 278 432), community open days, speaker series, newsletter and content marketing on arvida.co.nz, and public-facing cafes that generate top-of-funnel awareness. Operating segments target seniors aged 65+ and their families across the full care continuum, with central oversight from Executive leadership under CEO Jeremy Nicoll (in role since October 2021, previously CFO from IPO).

Name

Arvida Group

Legal name

Arvida Group Ltd

Website

https://arvida.co.nz

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Arvida Group Ltd is a New Zealand-listed operator of 34 retirement and aged care communities offering independent villas, serviced apartments, rest home, hospital, and dementia care to seniors aged 65+ and their families, monetizing via Occupation Right Agreements and recurring care fees.

Ownership category

akta.pro rank

Product category

Retirement Living and Aged Care Services

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Continuing Care Retirement Communities (623311), Assisted Living Facilities for the Elderly (623312), Nursing Care Facilities (Skilled Nursing Facilities) (62311)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051)

akta.pro primary industry

Assisted Living with Enhanced Care / High-Acuity (Aging-in-Place) (HLADABAC)

Keywords

• Retirement living communities
• Aged care services
• Independent living villas
• Dementia care facilities
• Residential care homes

Headquarters

HQ city

Viaducto Piedad

HQ country

Mexico

HQ region

Latin America

Offices25 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Occupation Right Agreements (ORA): Residents purchase an Occupation Right Agreement giving them the right to occupy a unit. ORAs are secured by first-ranking mortgages in favour of the Statutory Supervisor on behalf of residents. Prices range from approximately $195,000 to over $1 million depending on property type and location.
2. Ongoing Care and Service Fees: Weekly or monthly fees for serviced apartments covering meals, housekeeping, utilities, and care services. Care suite nightly rates ranging from $10 to $80 depending on room type and care level required.
3. Corporate Bonds: $125 million of Arvida bonds quoted on NZ Debt Exchange (NDX) on 23 February 2021 with 2.87% interest rate maturing 22 February 2028.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Arvida Group operates 34 retirement communities across New Zealand providing a continuum of retirement living and aged care services. Residents purchase an Occupation Right Agreement (ORA) to occupy independent villas, townhouses, or apartments, and may transition to serviced apartments, rest home care, hospital-level care, or specialised dementia care as their needs change. The company also offers respite care, the Living Well Package, and the Good Friends wellness programme.

Product overview

Arvida Group operates 34 retirement communities across New Zealand, offering a continuum of living options from independent villas and apartments through to full-time residential aged care. The portfolio spans independent living (villas, townhouses, apartments), assisted living (serviced apartments with care packages), and comprehensive care services (rest home, hospital-level, and dementia care). Care Suites represent a newer model combining residential comfort with built-in medical capability. Most communities feature shared amenities including clubhouses, dining facilities, pools, and wellness programmes. The Living Well Package adds bundled services to select apartments. The Good Friends Programme provides ongoing wellness activities at select locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living Villas
• Townhouses & Apartments
• Serviced Apartments
• Rest Home Care
• Hospital-Level Care
• Dementia Care
• Care Suites
• Respite Care
• Living Well Package
• Good Friends Programme

Quantifiable outcome

• We tripled our circle of friends - resident testimonial indicating strong social connection benefits

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Korowai Health and WellbeingcoreStrategic or Co-development PartnerPartnership with Korowai Health and Wellbeing at Te Puna Waiora ensures personalised health support and care coordination for residents when needed.
• Retirement Villages Association (RVA)minorOthersArvida is a member of the Retirement Villages Association, the industry body representing retirement village operators in New Zealand.
• NZACA (New Zealand Aged Care Association)minorOthersArvida holds membership with NZACA, the professional body for aged care providers in New Zealand.
• Cycling Without AgeminorOthersArvida participates in the Cycling Without Age programme, offering scenic trishaw rides for residents with the help of local volunteers.

Scale indicators1 record

Recent moves7 records

Expansion highlights6 records

Regional players

• Estia Health: Australian aged care and retirement living provider. Comparable in the aged care segment and similar resident profile but geographically focused on Australia rather than New Zealand.
• Aveo Group: Major Australian retirement village operator with similar continuum-of-care model and ORA-equivalent contracts. Comparable business model but operates exclusively in Australia, providing cross-Tasman peer reference.

Others

• Stonepeak Partners: Major infrastructure investor with significant retirement and aged care sector exposure globally. Included because Stonepeak is Arvida's largest known investor, providing capital relationship context and strategic backing rather than direct competition.

Broad incumbents

• Life Care Services: Large US-based senior living operator managing retirement communities globally. Comparable operating model and target demographic but operates in different geographies.
• Bupa New Zealand: Global health and care provider with significant NZ aged care and retirement operations. Broader incumbent with overlapping aged care services but operates across multiple health segments beyond retirement villages.

Direct peers

• Radius Care: NZ aged care provider offering rest home, hospital, and dementia care services. Direct peer in the residential aged care segment serving similar elderly populations in New Zealand.
• Ryman Healthcare: Largest New Zealand retirement village operator with similar continuum-of-care model spanning independent living through dementia care. Closest direct comparable given overlapping customer base, ORA-style contracts, and national NZ footprint.
• Oceania Healthcare: NZ-based aged care and retirement village provider with similar continuum-of-care offerings. Direct peer in the same regulatory environment serving overlapping NZ retirement customer segments.
• Metlifecare: NZ retirement village operator offering independent and assisted living. Was acquired by EQT infrastructure but remains a comparable peer in terms of business model and target demographic within New Zealand.
• Summerset Group: Major NZ retirement village operator offering independent living, serviced apartments, and care services. Highly comparable business model and target customer (over-65 New Zealanders), and former employer of Arvida's GM Sales.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Arvida-Living-Well-Communities-101761084956938
• LinkedInlinkedin.com/company/arvida-group-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arvida Group