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Divestment Update

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Divestment Update

Arvida Group Limited (NZX: ARV) (Arvida) has today confirmed the sale of its three Rangiora located retirement villages has settled.

The sale of Bainlea House, Bainswood House and Bainswood on Victoria reduces Arvida’s portfolio by 4 villas, 14 serviced apartments and 109 care beds.

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