Evergreen looks goodMany a punter who has seen the wallet inflate as a result of following PSG or its spawn will have been more than a little interested in the announcement coming out of Stellenbosch last week. The quantum of investment may have been rather less than what a different PSG (Paris Saint-Germain, in that case) spent to acquire the services of a certain Neymar da Silva Santos junior, but there’s every chance the local version’s stake in Evergreen Lifestyle will keep on making returns for considerably longer than the useful life span of a striker.Evergreen prides itself on developing and managing retirement villages that are a far cry from the old lock-em-up and dish out treble sedatives school of looking after the elderly. This sticks it right at the sweet spot of a number of secular trends, notably that the old model of hitting retirement, sitting quietly in your slippers for a couple of years then shuffling off this mortal coil is way out of date. Today’s retirees can ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.