Tourism Holdings Ltd has completed its $80 million capital-raising programme with a shortfall bookbuild at a premium to the rights offer price.
NZX-listed retirement village company Arvida Group Ltd said yesterday it raised $79.3 million as shareholders took up 86.5% of the new shares available under its 1:5.7 renounceable rights offer, and took the total raised to $92 million through a bookbuild.
Bank of NZ chief economist Tony Alexander made a number of observations on differences between Australia & New Zealand’s housing markets in his weekly market review yesterday.
Infometrics chief forecaster Gareth Kiernan said, in a report out today, households could go into their shells over the next year as economic conditions worsen.
Asset Plus Ltd has sold the Heinz Wattie’s distribution centre in Hastings to an Auckland-based syndicator at its current book value of $29.1 million…
A leasehold student apartment, not quite covering its outgoings, and a Memphis unit on the city centre’s western fringe were passed in at Ray White City Apartments’ auction today.