Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

DNZ Property Fund NZX announcement

DNZ Property Fund NZX announcement

DNZ Vacant Land Sales Bring Development Land to Less Than 1.25% of Total Portfolio

DNZ Property Fund Limited (NZX code: DNZ), is pleased to advise the sale of two vacant lots at Tauriko Industrial Estate, Tauranga, settled on 25 March 2011. Following the settlement of these two vacant lots, development land comprises less than 1.25% (by value) of the DNZ portfolio. Net settlement funds from the sales will be utilised to repay bank debt.

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.