Argosy Property

Argosy Property is a diversified real estate investment company with a portfolio of industrial, office and retail properties throughout New Zealand. The company’s investment portfolio of 59 buildings was valued at more than $1.8 billion in 2020.

Peter Mence has led Argosy as CEO since 2009 and the company has traded on the NZX as Argosy since 2010.


Company Details

Registered Office: 39 Market Place, Auckland Central, Auckland 1010
Postal Address: PO Box 90214, Victoria Street West, Auckland 1142
Telephone: +6493043400
Facsimile: +6493571801
Website: http://www.argosy.co.nz/
First Listed: 04/12/2002
Balance Date: 31 March
AGM: 20/06/2023

Directors and Executives

David Fraser
Chief Financial Officer
Christopher Gudgeon Independent Director
Stuart McLauchlan
Independent Director
Peter Mence
Chief Executive Officer
Jeff Morrison
Chairman
Mike Pohio
Independent Director
David Snelling
Company Secretary
Martin Stearne
Independent Director
Rachel Winder
Independent Director

Announcements

Title Date Type
Ongoing Disclosure Notice Wed, Dec 11 2024 02:26 pm SHINTR
ARG announces dividend reinvestment plan strike price Tue, Dec 10 2024 09:22 am GENERAL
Ongoing Disclosure Notice Thu, Dec 05 2024 02:14 pm SHINTR
Ongoing Disclosure Notice Thu, Nov 28 2024 10:18 am SHINTR
ARG announces second quarter dividend and reopens DRP Wed, Nov 20 2024 08:30 am CORPACT
Argosy FY25 Interim Result Wed, Nov 20 2024 08:30 am HALFYR
FY25 interim results announcement and webcast details Tue, Nov 05 2024 10:33 am GENERAL
Independent Director Determination Tue, Oct 22 2024 10:04 am ADMIN
Argosy appoints new Director Wed, Oct 16 2024 03:12 pm ADMIN
Ongoing Disclosure Notice Wed, Aug 14 2024 12:34 pm SHINTR

Major Holdings Announcements

Date Name No. Held % Current
25/01/24 Jarden Securities Limited and Harbo 59,611,814 5.02 7.04
30/10/23 Accident Compensation Corporation 78,916,213 8.32 9.32
02/03/23 Salt Funds Management Limited 44,429,493 4.95 5.25
27/02/23 Harbour Asset Management Limited, J 51,071,848 - 6.03
19/09/22 BlackRock Inc. and related bodies c 42,320,870 5.01 5.00
03/08/21 The Vanguard Group, Inc. 28,318,098 5.06 3.36
08/10/18 Milford Asset Management Limited 38,894,705 5.00 4.70
02/10/18 ANZ New Zealand Investments Limited 40,219,593 5.03 4.86
08/09/17 Milford Funds Limited 40,704,070 5.23 4.94
01/09/17 Westpac Banking Corporation 40,682,564 5.01 4.94

Director’s Interests Announcements

Date Name No. Held % Details Other
19/12/23 Martin William Stearne 369,225 - - -
08/12/23 Jeffrey Robert Morrison 335,114 - - -
31/05/23 David Lyle Fraser 603,616 - - -
19/05/23 Peter Donald Mence 1,176,787 - - -
28/02/23 Stuart James McLauchlan 51,398 - - -
24/06/20 Peter Clynton Brook 197,756 - - -
28/02/20 Michael Eric Pohio 50,000 - - -
28/02/20 Rachel Beulah Winder 14,000 - - -
07/12/17 Andrew Mark Cross 50,000 - - -
30/06/17 Andrew Hardwick Evans 107,607 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean -42.0 6.8 6.7 119.5 108.4 108.4
high -42.0 6.8 6.7 119.5 108.4 108.4
low -42.0 6.8 6.7 119.5 108.4 108.4
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 20/12/2023


Markets News

Markets

KiwiSaver shakeup in capital markets reform

Listing costs may also be reduced if new plans ago ahead. 

KiwiSaver shakeup in capital markets reform
Infrastructure

Protest vote against Tony Gibson

The former Port of Auckland boss was reappointed to Marsden Maritime Holdings.

Protest vote against Tony Gibson
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

Kiwibank won't bring banking Revolut-ion
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Todd Corporation: the reset