PLP - Property valuation review leads to uplift in value

Tue, 19 Apr 2022

Booster Investment Management Limited (Booster) has released an updated independent valuation report for its Hawkes Bay based vineyards and winery buildings, which has led to an uplift in the value of the Private Land and Property Portfolio (PLP).

This report represents 8% of the total value of the assets held by the PLP and has increased the most recent unit price from $1.205 per unit to $1.213.

Booster has also commissioned a valuation review for its viticulture related properties and kiwifruit property, which is anticipated to be received in the next week.