DNZ revalues portfolio by $10.7 million

Thu, 23 Oct 2014

By Suze Metherell Oct. 24 (BusinessDesk) - DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the first half and has leased over three quarters of its new Auckland mall. The Auckland-based company said the value of its portfolio increased a net 1.4 percent to $788 million for the six months ended Sept. 30, compared to the same period a year earlier, after 12 of its 45 properties were independently valued, it said in a statement. Its Westgate shopping centre in Auckland's northwest, which is d...

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