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Current Portfolio

Metlifecare

A leading owner and operator of retirement villages and aged care facilities in New Zealand.

Established in 1984, Metlifecare currently owns and operates a portfolio of 37 retirement villages in areas with strong local economies, supportive demographics and high median house prices, located predominantly in New Zealand’s upper North Island.

Key Facts
Sector

Social

Country

New Zealand

Fund

EQT Infrastructure IV

Entry

2020

Responsible Advisor

Ken Wong

A modern residential building with large glass balconies, surrounded by landscaped gardens and trees.

Market trends and drivers

The market for retirement village living in New Zealand is highly attractive and characterised by positive aging population demographics. New Zealand’s population aged over 75 is forecast to grow materially over the next 20 years and retirement village living is widely viewed as a secure and attractive lifestyle option for aging New Zealanders.

Investment potential

Metlifecare is a leading operator of retirement villages in New Zealand with an outstanding reputation for resident care. Supported by strong market and demographic trends, Metlifecare has significant value creation and investment potential through increasing the development pipeline, enlarging the group’s continuum of care offering, and investing in digital products and tools to further enhance the resident experience.

Board of directors

Chairperson

Paul McClintock AO

Board member

Dr. Jonathan Coleman

Board member

Ken Lotu-Iiga

Board member

Maggie Owens

Board member

Murray Jordan

Board member

Sam Franklin

Management

CEO

Earl Gasparich

CFO

Jonathan Wilde

Do You Want to Know More?

We are eager to explore how we can achieve great things together.