Coronavirus
Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Coronavirus
PFI's underlying profit down 7.7%; guidance reinstated
Property for Industry's first-half net profit fell 66.3 percent, largely reflecting a slight fall in the value of its properties compared to a large increase a year earlier. The firm's underlying result was also down 7.7 percent because of rising lease incentives. But the c...
Coronavirus
COVID 19: NZ to stay at alert level 2 for at least 12 more days
New Zealand will remain at alert level 2 for at least another 12 days.
Coronavirus
Commercial property deals drop $1.6b for first six months
Commercial property transactions were valued at $925 million during the first half of 2020, a $1.6 billion drop from the prior six months and the lowest level since 2011, said commercial broker and investment firm CBRE. Still, it could have been worse. CBRE said the shock of c...
Coronavirus
JENNY RUTH: Playing hardball with Metlifecare valuations
Value, like beauty, is in the eye of the beholder, or at least that's what it looks like when considering Sweden-based EQT's takeover offer for Metlifecare.
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