Settlement of 48 Seaview Road Divestment
SETTLEMENT OF 48 SEAVIEW ROAD DIVESTMENT
Further to the announcement on 9 December 2021, Property for Industry Limited (PFI) has now settled the divestment of the Company’s 48 Seaview Road property in Seaview, Wellington.
ABOUT PFI & CONTACT
PFI is an NZX listed property vehicle specialising in industrial property. PFI’s nationwide portfolio of 97 properties is leased to 136 tenants.
For further information please contact:
Chief Executive Officer
Phone: +64 21 749 770
Chief Finance and Operating Officer
Phone: +64 21 248 6301
Property for Industry Limited
Shed 24, Prince’s Wharf, 147 Quay Street, Auckland 1010
PO Box 1147, Shortland Street, Auckland 1140
Many of the factors weighing on Kiwi Property's share price are beyond its control, chair Mark Ford told shareholders.
The serial entrepreneur kept a financial and personal stake in the company, even after its IPO last year.
New Image delisted from the New Zealand Stock Exchange in May 2013 after its major shareholder gained control.
The cabin redesign's focus on sustainability lowers operating costs for the airline and gives it a unique selling point.
Agriculture minister Damien O’Connor has acknowledged the fund investors may feel “unfairly prejudiced” and failure to buy them out could hurt NZ’s investment climate.
A new carbon trading platform aims to bring retail investors and landowners into the carbon market while increasing biodiversity and cutting emissions.
All five of the analysts’ reports BusinessDesk has seen have either “overweight” or “outperform” investment recommendations on Fletcher shares.
The zero-brokerage fee share trading platform is looking for ways to bring in revenue and make its business model more sustainable.
Fletcher Building achieved second-half profit margins of 9.5%, just below its target of 10% by the 2023 financial year.
Even under a “bear-case scenario”, the house building pipeline should support Fletcher’s medium-to-long-term performance.
Trading volumes were unusually light, with US markets closed tonight for a national holiday.
The shareholder representatives say the Fletcher board must bear ultimate responsibility for the company’s poor performance and the Gib plasterboard shortage.
NZME has only spent $5.3m of the $30m set aside for share buybacks.
Are banks being too slow to raise term deposit rates? Some analysts say yes.