Property For Industry

Property for Industry is a real estate investment company specialising in industrial properties in New Zealand. The company leases buildings to some of the largest companies in the country such as Fisher & Paykel Appliances, Fletcher Building, Mainfreight and Coca-Cola Amatil.

PFI has a portfolio of 93 properties valued at $1.4 billion in 2020 with the majority located in the Auckland region. PFI has been listed on the NZX since 1994, with Simon Woodhams leading the company as CEO since 2019.


Company Details

Registered Office: Shed 24, Princes Wharf, 147 Quay Street, Auckland 1010
Postal Address: PO Box 1147, Shortland Street, Auckland 1140
Telephone: +64 9 303 9450
Facsimile: n/a
Website: http://www.pfi.co.nz/
First Listed: 12/12/1994
Balance Date: 31 December
AGM: 03/04/2024

Directors and Executives

Anthony Beverley
Chair
Dean Bracewell
Independent Director
Angela Bull
Independent Director
Craig Peirce
Chief Operating Officer
Gregory Reidy
Executive Director
Carolyn Steele
Independent Director
David Thomson
Independent Director
Simon Woodhams
Chief Executive Officer

Announcements

Title Date Type
Disclosure of Senior Managers Relevant Interests (multiple) Mon, Aug 25 2025 12:48 pm SHINTR
Capital Change Notice - FY2025 LTI Scheme Vesting Mon, Aug 25 2025 12:48 pm SECISSUE
FY25 Annual Report Mon, Aug 25 2025 08:30 am ANNREP
PFI Announces Annual Results Mon, Aug 25 2025 08:30 am FLLYR
Settlement of 11c Norris Avenue Acquisition Fri, Aug 22 2025 03:58 pm TRANSACT
SPH Notice - FirstCape Group Limited Wed, Aug 06 2025 08:33 am SHINTR
Leasing and Development Update, FY26 Div Guidance Update Wed, Aug 06 2025 08:32 am MKTUPDTE
SPH Notice - FirstCape Group Limited Thu, Jul 31 2025 04:24 pm SHINTR
Director Nominations for PFI Tue, Jul 29 2025 08:38 am MEETING
Details of Annual Results Webcast Mon, Jul 14 2025 04:19 pm GENERAL

Major Holdings Announcements

Date Name No. Held % Current
05/07/22 Accident Compensation Corporation 37,489,726 6.40 7.43
23/07/21 ANZ New Zealand Investments Limited 41,932,219 7.26 8.33
24/10/19 Forsyth Barr Investment Management 24,758,961 5.02 4.96
12/09/17 ANZ New Zealand Investments Limited 22,829,768 4.79 5.04
22/05/17 Bank of New Zealand 15,312,927 5.02 3.38

Director’s Interests Announcements

Date Name No. Held % Details Other
28/03/23 Simon James Woodhams 191,053 - - -
20/02/23 Craig Peirce 141,087 - - -
02/03/22 Dean John Bracewell 40,000 - - -
24/11/21 Susan Ruth Peterson 18,659 - - -
10/11/17 Gregory Reidy 1,005,708 - - -
10/11/17 Humphry John Davy Rolle 17,875 - - -
10/11/17 Peter Hanbury Masfen 4,767,744 - - -
29/06/16 John Waller 920,778 0.21 - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 140.0 153.9 9.0 8.3 93.2 82.7 82.7
high 140.0 153.9 9.0 8.3 93.2 82.7 82.7
low 140.0 153.9 9.0 8.3 93.2 82.7 82.7
sample 1 1 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: 22/11/2023


Markets News

Markets Market close

NZX gains 0.3% on busy day of earnings

Seven companies reported on Monday.

Gregor Thompson 25 Aug 2025
NZX gains 0.3% on busy day of earnings
Property

PFI boss expects NTA discount to close

Property for industry is trading at a 50-cent discount to the net value of its assets.

Gregor Thompson 25 Aug 2025
PFI boss expects NTA discount to close
Markets

No dividend as Steel & Tube posts $24.4m loss

Recessionary economy weighs on Steel & Tube's result.

No dividend as Steel & Tube posts $24.4m loss