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Metlifecare changes tack on share buyback after 'robust feedback'
Property

Metlifecare changes tack on share buyback after 'robust feedback'

Metlifecare took on board "robust feedback" from its major shareholders and will buy back up to $30 million of shares, having rejected such a move two months ago.  Chair Kim Ellis told shareholders at today's annual meeting that the share price was a "significant and largely u...

Paul McBeth 24 Oct 2019
SkyCity to start reopening this afternoon
Infrastructure

SkyCity to start reopening this afternoon

SkyCity Entertainment says it will reopen parts of its Auckland precinct later today as it takes a phased approach to resuming normal business after fire devastated the construction site of its new convention centre."Fire and emergency services teams will remain on site until suc...

Jenny Ruth 24 Oct 2019
Napier Port shares surge on strong cargo volumes
Infrastructure

Napier Port shares surge on strong cargo volumes

Napier Port shares hit a record after the Hawke's Bay operator said its cargo and container volumes beat forecasts. The stock rose as high as $3.50 and was recently at up 1.5 percent at $3.45. The shares were listed in August in a partial privatisation by the Hawke's Bay Regional...

Paul McBeth 24 Oct 2019
Vital Healthcare gets a new manager, Aaron Hockly
Property

Vital Healthcare gets a new manager, Aaron Hockly

NorthWest Healthcare Properties REIT has appointed a new manager of its NZX-listed Vital Healthcare Property Trust to replace David Carr, who left the company in May. Aaron Hockly, who has lived in Australia for 17 years and held a number of senior management and advisory role...

Jenny Ruth 24 Oct 2019