Gemma Gloyne: Head of Retirement Vivid Living on giving 50 percent of capital gains made on new development to residents

Fletcher Living are looking at a new retirement village model. Retirees who buy into Fletcher Building’s new Vivid Living on Auckland’s North Shore will enjoy 50 percent of any capital gains made on the property, lower management fees, and the 'weekly fees' will be removed when the resident vacates. Head of Retirement Vivid Living Gemma Gloyne joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.