Scoop has an Ethical Paywall
ING trusts to change names
ING trusts to change names
Aug. 20 (BusinessDesk) - ING Property Trust and ING Medical Properties Trust are changing their names in the wake of ANZ Bank buying fund manager ING New Zealand, which has already announced its name change to OnePath.
ING Property Trust's new name from
Oct. 1 will be Argosy Property Trust.
Peter Mence,
general manager of the trust's management company, says the
name Argosy “is derived from a fleet of ships and reflects
the strength that comes from a quantum of individual ships
operating together as a fleet.” ING Property Trust owns 81
properties.
ING Medical Properties Trust will be renamed Vital Healthcare Property Trust from Oct. 1.
Chairman Bill Thurston says the new name “confirms our specialist expertise in the property sector.”
The management team running each trust and their boards remain unchanged.
ING Property Trust units are steady at 68 cents, just above their 66 cent low for the last 12 months, while the medical trust's units are down 1 cent at $1.24, about the middle of the last year's trading range.
(BusinessDesk)
Stats NZ: Petrol And Diesel Prices Continue To Rise In April 2026
Priority one: Regional Deal Strengthens Confidence In The Western Bay Of Plenty
REINZ: Buyer Activity Softens As Living Costs Remain A Consideration Across Key Regions
Better Taxes for a Better Future: Tax Policy Welcome Contribution, But Missed Opportunity To Tackle Wealth Inequality
Google Threat Intelligence Group - GTIG: Google Threat Report Warns AI-Driven Cyber Operations Are Scaling Across Global Threat Landscape
Commerce Commission: Baseline Research Report On The State Of Competition In New Zealand
