Releasing the group's first quarter sales of occupation rights figures, Mr Cook said the 171 sales were made up of 97 new sales and 74 resales, a 41% increase on the first quarter last year. Both new sales and resales were tracking strongly.
New sales were driven by the development programme across several villages and resales were driven by increased levels of retirement units becoming available for resale.
''We continue to see good levels of demand across all areas of the country. The outlook for the balance of the year looks positive with good presale levels on projects delivering through this year.''
Summerset's construction programme meant retirement unit deliveries were weighted to the second half of the year.
The group expected the split of new sales across the year to be in line with that forecast, he said.
Summerset recently announced the completion of a $600million syndicated loan facility refinance to allow the group to continue to fund future growth initiatives.
Summerset was in expansion mode, having delivered a record 409 retirement units in the 2016 year, 35% more than in 2015.
It raised its target for this year to about 450 units and signalled sales of occupation rights were likely to accelerate in the second half of the year, as those dwellings were completed.
