Property
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Symphony Centre consent lodged
New Zealand's first multi-use development built over a station could be finished in 2028.
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Infrastructure
Summerset lifts underlying annual profit 21.5%
Summerset reported $236.5 million in free cash flow in 2022, possibly to highlight the difference between it and industry pioneer Ryman Healthcare.
Finance
Kiwibank lifted 1H profit 53% as lending surged
Kiwibank lent about $500 million to businesses, about four times the rate of banks generally.
Infrastructure
Vital Healthcare’s underlying result belies unrealised losses
Vital Healthcare Property Trust’s net property income was up 24.4% and up 3.7% on a like-for-like and constant currency basis.
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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articles by Oliver