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
Performance Share Rights granted under Long Term Incentive Wed, May 21 2025 03:33 pm OFFER
ARG announces fourth quarter dividend Wed, May 21 2025 08:30 am CORPACT
Argosy FY25 Annual Result Wed, May 21 2025 08:30 am ANNREP
2025 Annual Meeting and Director Nomination Closing Date Thu, May 08 2025 02:02 pm MEETING
FY25 full year results announcement and webcast details Wed, Apr 30 2025 08:58 am GENERAL
Ongoing Disclosure Notice Thu, Mar 27 2025 12:36 pm SHINTR
DRP allotment notice Wed, Mar 26 2025 08:30 am SECISSUE
Argosy Property Limited Investor Update March 2025 Wed, Mar 26 2025 08:30 am MKTUPDTE
Settlement of 8 Forge Way Wed, Mar 26 2025 08:30 am GENERAL
ARG announces dividend reinvestment plan strike price Tue, Mar 18 2025 08:30 am GENERAL

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


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