FirstCape lifts Summerset stake above 10%

14th April 2026 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

FirstCape Group has increased its shareholding in Summerset Group Holdings to 10.714%, up from 9.676% disclosed in May 2024, following a series of on-market trades and transfers.

The wealth and asset manager now holds 26.16 million shares in the retirement village operator, with buying activity largely driven through its subsidiaries including Harbour Asset Management, BNZ Investment Services and JBWere. 

The disclosure to the NZX today showed significant gross purchases across these entities, partially offset by on-market sales over the period.