Quail Ridge Country Club Limited announced today that Electra Limited has acquired a 49.9% stake in Quail Ridge Country Club Limited and its associated building company, Kerikeri Falls Investment Limited.
Quail Ridge Country Club is a luxury retirement village in Kerikeri owned and operated by Don and Jill Cottle. They established an orchard on the site in 1981 before deciding to develop the land and build the “best retirement facility in the country.”
Their vision of creating a community where residents could enjoy space and freedom, high-quality homes and beautifully landscaped gardens, is a perfect fit for Electra Trust, who recently brought high end home and medical alarm company Securely™ whose vision is also to provide freedom and independence for all people.
Quail Ridge Country Club is well established and planning more homes and facilities to complement the community already thriving in Kerikeri. When complete the village will have 183 units, in a mix of stand-alone homes, terrace houses and apartments, a Club House, Pool Complex, Bowling Green and state of the art Care Facility.
Electra Limited owned by Electra Trust, is best known for delivering power to the Kapiti and Horowhenua regions and is fast gaining a reputation as a forward-thinking and progressive business investing in areas of proven growth. Quail Ridge Board Chair, Nigel Brereton, said that the investment will strengthen the company and its progress towards completion of the village over the next few years. He said that Electra’s knowledge and skill in the technology industry will also ensure that Quail Ridge Country Club is at the “forefront of technology use within the retirement village sector.”