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Property for Industry hikes annual earnings guidance on strong leasing
By Paul McBeth Dec. 14 (BusinessDesk) - Property for Industry raised annual earnings guidance as the industrial real estate investor benefited from stronger leasing since its half-year result. The Auckland-based company expects distributable profit of 8 cents per share in...
DMO lifts bond issuance by $1 billion in year to June 2022
By Rebecca Howard Dec. 14 (BusinessDesk) - The New Zealand Debt Management Office has lifted its issuance programme by $1 billion through June 2022 compared to its prior forecasts and reiterated plans to launch a new April 20, 2029 bond in the first half of 2018. The 2017/1...
KiwiBuild spearheads $42 billion capital spending programme
By Paul McBeth Dec. 14 (BusinessDesk) - The new government will pump in $2 billion over the next three years to kick off the KiwiBuild programme targeting 100,000 affordable houses being built over the next decade. The policy is one of the new administration’s headline prog...
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