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
Property for Industry Limited Considers Bond Offer Tue, Feb 25 2025 08:32 am OFFER
PFI Announces Interim Results Tue, Feb 25 2025 08:30 am HALFYR
Acquisition - 316 Neilson Street, Penrose, Auckland Fri, Feb 14 2025 12:59 pm TRANSACT
Details of Interim Results Webcast Tue, Jan 14 2025 09:31 am GENERAL
Divestment - Settlement of 44 Mandeville Street, Chch Wed, Dec 04 2024 03:53 pm TRANSACT
Q1 FY25 Dividend Fri, Nov 08 2024 09:19 am CORPACT
Property for Industry Limited (“PFI010”) – Maturity Mon, Nov 04 2024 11:43 am MEMO
PFI010 Bond Maturity Mon, Nov 04 2024 09:09 am CORPACT
Site Tour Wed, Oct 30 2024 09:30 am GENERAL
Divestment and Development Update Wed, Oct 30 2024 08:30 am TRANSACT

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

Tiwai smelter to wind back production due to winter fears
Markets

Tiwai smelter to wind back production due to winter fears

The deal will reduce electricity demand by 50MW per hour.

Infrastructure

Proposal to delist Northport owner from NZX

Consortium proposes buyout of $5.60 per share. 

Proposal to delist Northport owner from NZX
Markets

'We'd welcome Fonterra IPO with open arms': NZX

IPOs have been in short supply – but NZX could soon land a biggie.

'We'd welcome Fonterra IPO with open arms': NZX
Markets Market Close

NZ sharemarket down 1.7%, investors want in on Ryman

The S&P/NZX 50 Index closed at 12,531.72, down 220.865 points or 1.73%.

Gregor Thompson 24 Feb 2025
NZ sharemarket down 1.7%, investors want in on Ryman
Property

‘We felt the need to move’: Ryman

Ryman has asked investors for $1 billion.

Gregor Thompson 24 Feb 2025
‘We felt the need to move’: Ryman