No plans to list on ASX, but Ryman may ask shareholders to reinvest divs
By Paul McBeth | Thu, 13 Aug 2020
Ryman Healthcare is keen on pursuing growth across the Tasman but isn’t considering listing there, although it is mulling over whether to suggest shareholders might like to reinvest their dividends....
Covid property rerating hits Precinct earnings
By Brent Melville | Thu, 13 Aug 2020
Pandemic related devaluations of its Auckland CBD portfolio have hit the financial health of Precinct Properties, with net profit down 81.6 percent at $35.1 million for the year ended June , from $190...
ANALYSIS: Fletcher running at near pre-covid levels but expects deterioration
By Jenny Ruth | Wed, 12 Aug 2020
Fletcher Building had a "solid" July and is currently operating at 90 percent to 95 percent of pre-covid levels. But trading is likely to deteriorate as government subsidies roll off and job losses...
Vital Healthcare's assets defensive in a pandemic
By Jenny Ruth | Tue, 11 Aug 2020
Vital Healthcare Property Trust isn't entirely immune from covid-19 but, as its manager pointed out in releasing the trust's annual results, its properties are very defensive assets in an environment...
Value of Vital Healthcare's properties up 13.6% despite covid-19
By Jenny Ruth | Mon, 10 Aug 2020
The value of Vital Healthcare Property Trust's properties rose 13.6 percent in the latest year, despite the coronavirus pandemic. However, the $45.7 million gain in value was less than half last ye...
JENNY RUTH: Covid-slimmed Augusta syndicate relaunched
By Jenny Ruth | Mon, 03 Aug 2020
The relaunched Augusta Property Fund was always going to be an inferior offer because the coronavirus crisis tanked the planned purchase of one of its two properties. Instead of a $152.8 million fu...