Analysts question Infratil's CDC, Vodafone mobile towers valuations

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
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...

More Infrastructure

KiwiRail reveals $8m cost of McKinsey contract
Infrastructure

KiwiRail reveals $8m cost of McKinsey contract

Rail Minister Winston Peters calls it an unacceptable payment. 

Oliver Lewis 02 Apr 2025
Mainfreight praises 'logical, sensible' rail ferries decision
Infrastructure

Mainfreight praises 'logical, sensible' rail ferries decision

Port companies on both side of the Cook Strait also welcome increased certainty.

Oliver Lewis 01 Apr 2025
Meet your new ferries, New Zealand
Infrastructure

Meet your new ferries, New Zealand

Winston Peters confirms new Interislander ferries will be rail-enabled.

Oliver Lewis 31 Mar 2025
Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025