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NZ guest nights fall in July, snapping two months of gains
By Hannah Lynch Sept. 12 (BusinessDesk) - New Zealand guest nights fell in July, snapping two months of gains, led by a fall in domestic and international guest nights. Total guest nights fell a seasonally adjusted 8.9 percent to 2.5 million in July compared to June, Statistic...
Vital Healthcare sells Point Chevalier property for $5.25M
By Hannah Lynch Sept. 12 (BusinessDesk) - Vital Healthcare Property Trust, the NZSX-listed investor in health properties, has sold its Pitman House site in Auckland's Point Chevalier for $5.25 million. "The sale of Pitman House is a continuation of the targeted divestment progr...
NZ Oil and Gas chairman Radford to depart after next month's annual meeting
Sept. 12 (BusinessDesk) - New Zealand Oil & Gas founding chairman Tony Radford will step down after next month's annual meeting and will be replaced by fellow director Peter Griffiths. Radford will stay on the board of the oil and gas explorer, having led the company's governa...