Arvida Group Limited is a New Zealand-based company specializing in the ownership, development, and operation of retirement villages and aged care facilities. The company provides a comprehensive range of living options including independent living, rest home care, hospital care, and dementia care within its residential communities. Arvida operates 34 retirement communities across New Zealand, delivering approximately 2,475 retirement units and 1,688 care beds to over 4,750 residents. It offers a continuum of care services designed to support elderly individuals with diverse needs, emphasizing community inclusion and quality of life.
Founded in 2014 and headquartered in Auckland, Arvida has grown rapidly to become the fourth largest operator of retirement villages in New Zealand. The company manages its villages under a corporate structure that supports operational quality and consistency and maintains an extensive development pipeline with plans to add approximately 1,683 new units and beds over the next five to seven years at an annual build rate of around 200 units. Arvida targets aged individuals seeking long-term retirement and aged care solutions, operating exclusively within the New Zealand market.
In a major strategic development, Stonepeak, a global infrastructure investment firm, acquired 100% of Arvida's shares in late 2024, transitioning Arvida into a private entity. This acquisition aims to strengthen Arvida's execution of its strategic growth plan, focusing on sustaining and enhancing core operations, developing new communities, acquiring complementary properties, and expanding quality services to meet growing demand from New Zealand's aging population. The Stonepeak acquisition brings significant capital and operational expertise to support Arvida's business plan and long-term expansion.
Arvida reported strong financial performance with total assets valued at approximately NZD 4.7 billion and a net profit after tax of NZD 101 million as of mid-2025. The company continues to emphasize innovation in aged care services and community engagement while targeting a dividend payout ratio between 50% and 70% of underlying profit during its public operation period. Its business segments include retirement living accommodations, residential care services, and healthcare support within its retirement communities.
Overall, Arvida Group Limited operates as a leading healthcare and aged care provider in New Zealand through its extensive portfolio of retirement villages and care facilities, with a strategic focus on growth driven by development, acquisitions, and enhanced resident services under new ownership by Stonepeak since 2024.