April 30 (Reuters) - Summerset Group Holdings Ltd SUM.NZ :
* CO STILL SEEING CAPACITY CONSTRAINTS FOR CONSTRUCTION IN MANY AREAS OF NEW ZEALAND WITH AUCKLAND BEING WORST AFFECTED
* CO DOES NOT EXPECT PRESSURE IN CONSTRUCTION MARKET TO REDUCE THIS YEAR
* CO SEEING SETTLEMENT TIMES INCREASE, PARTICULARLY IN AUCKLAND AND CHRISTCHURCH
* CO NOW IN PROCESS OF IDENTIFYING POTENTIAL SITES FOR ACQUISITION IN VICTORIA, AUSTRALIA