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Summerset buys more land to beef up $100 mln Casebrook village in Chch
By Paul McBeth Nov. 13 (BusinessDesk) - Summerset Group has bought more land in Christchurch to add another 71 units to the $100 million Casebrook village which is under construction. The Wellington-based company bought 2.1 hectares for an undisclosed sum, which it says wi...
Augusta first-half profit halves on revaluations; tilt to funds management continues
By Paul McBeth Nov. 13 (BusinessDesk) - Augusta Capital's first-half profit more than halved as the company wrote down the value of its stake in listed property investor NPT and didn't repeat year-earlier valuation gains as the firm continues its shift into funds management ra...
SkyCity remains on track for 'modest growth' in full-year earnings
By Tina Morrison Nov. 13 (BusinessDesk) - SkyCity Entertainment Group said revenue in the first four months of the financial year lifted 1.7 percent and it remains on track for "modest growth" in full-year earnings. New Zealand's only listed casino company said group normal...
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