Infratil’s growth playbook: From Tauranga malls to billion-dollar deals

Infratil chief executive Jason Boyes says it helps companies do what they wouldn’t naturally do themselves. (Image: NZME)

Rebecca Stevenson

Wed, 17 Sep 2025

Infratil boss Jason Boyes says no chief executive wants to shrink the business. The infrastructure firm’s track record of a 17% compound annual growth rate over the past 30 years means it is now a stock of focus for infrastructure investors, a new report from Citi Research said. Citi Research has started covering the NZ-based infrastructure outfit and published a deep dive into its portfolio and strong track record of generating superior returns.Citi settled on a target share price of $14.10 for the stock and said it was trading...

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