Vital Healthcare seeks $160 mln to keep development pipeline pumping
By Paul McBeth June 21 (BusinessDesk) - Vital Healthcare Property Trust plans to raise $160 million to pay down debt, giving it headroom to pursue a pipeline of developments on both sides of the Tasman. The trust plans to sell shares at $2.08 apiece in a two-for-one pro ra...
RESEND: NZ dollar extends decline vs. British pound as pundits pick UK to stay with Europe
(Inserts missing 'from' for TWI levels in last graph) By Paul McBeth June 21 (BusinessDesk) - The New Zealand dollar extended its decline against the British pound as a pickup in poll support for Britain to stay in the European Union prompted bookies to increase the odds of...
Foreigners still needed to cover tourism workforce shortfall, Bennett says
By Paul McBeth June 20 (BusinessDesk) - New Zealand's tourism sector still needs foreigners to cover a gap in the workforce as government and industry look at ways to attract visitors off-peak to create more certainty for full-time jobs and generate local career pathways, says...
Australia's Skydive the Beach expands NZ assets with $10.4M Wanaka acquisition
By Paul McBeth June 20 (BusinessDesk) - ASX-listed Skydive the Beach Group, which operates Skydive NZone in Queenstown, will expand its footprint in New Zealand with the $10.4 million purchase of Skydive Wanaka. The Woolongong-based company raised A$15 million in a placeme...
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