Infratil now has over $400 million invested in retirement services in New Zealand (20% of Metlifecare) and Australia (50% of RetireAustralia.

These companies provide accommodation and other services to almost 11,000 people.

Retirement accommodation is a growth market and while part of the wider housing market, it has its own idiosyncrasies which are explained in this Infratil Update.

The Update will be available on Infratil's website and will be sent to share and bond holders.