Analysts question Infratil's CDC, Vodafone mobile towers valuations

Jenny Ruth
Thu, 19 May 2022

Analysts question Infratil's CDC, Vodafone mobile towers valuations
Infratil CEO Jason Boyes says his company's asset valuations are conservative. (Image: Infratil)
Jenny Ruth
Thu, 19 May 2022
Infratil's portfolio is looking very lopsided at the moment, with its digital infrastructure assets including the Canberra Data Centres (CDC) and Vodafone New Zealand accounting for 62%.One reason for that is the ever-escalating valuation of CDC. The valuers bumped it up another 30% to between A$2.78 billion and nearly A$3b this year, helping to deliver Infratil's manager, HRL Morrison & Co, an accrued annual incentive fee of $99.7 million for the year ended March. Infratil owns 48.1% of CDC.Infratil's management has to produce...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
NZ sharemarket rebounds with Wall Street rally
Dan Brunskill | Mon, 27 Jun 2022

US markets rallied on Friday night as traders began thinking an economic slowdown would stop the US Federal Reserve from hiking interest rates.

Political donations over $5k to require declaration
Staff reporters | Mon, 27 Jun 2022

The changes require disclosure of donor identities for any party donations over $5,000 versus the current $15,000. 

Law & Regulation
Public class action fund needed: Law Com
Victoria Young | Mon, 27 Jun 2022

The Law Commission has finalised its report into class actions and litigation funding.

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.