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Vital Healthcare raises $160M as existing investors take up 87% of units on offer
By Jonathan Underhill July 20 (BusinessDesk) - Vital Healthcare Property Trust has raised $160 million after its existing investors took up 87 percent of the units in the two-for-nine renounceable rights offer. Unitholders picked up 67 million of the 76.9 million new units,...
Westpac imposing RBNZ's new home lending rules from today
By Edwin Mitson July 20 (BusinessDesk) - Westpac Banking Corp has announced it will not take any new loan applications from property investors who do not have a 40 percent deposit from 4.30pm this afternoon, some six weeks earlier than required by the Reserve Bank. The cent...
Govt invests $35 mln to attract world-leading university entrepreneurs to NZ
By Fiona Rotherham July 20 (BusinessDesk) - The government is investing $35 million over four years into a new initiative, Entrepreneurial Universities, to attract world-leading entrepreneurial researchers and their teams to New Zealand to further strength the country’s univer...
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