Presbyterian Support buys beleaguered rest-home
Author | Shannon Thomson |
Published date | 24 June 2022 |
Publication title | Otago Daily Times: Web Edition Articles (New Zealand) |
The Alexandra-based nursing home has been bought by Presbyterian Support Otago (PSO) with the organisation taking over operations on Monday.
PSO owns and operates Ranui care home in Alexandra and seven more throughout Otago.
The sale follows an auditor's report into its operations painting a poor picture of the facility.
PSO chief executive Jo Rowe said purchasing Castlewood was part of a long-term plan to have "sustainable, high quality aged-care in the Alexandra community".
New retirement village units would be built on the site in order to increase housing options for people reaching retirement age in the region.
"Obviously we have a housing crisis situation happening, 30% of people who want to live in a retirement village arrangement can't afford to and people are more isolated than ever."
Ms Rowe assured Castlewood residents their future in...
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