Retirement village owner & operator Summerset Group Holdings Ltd has bought land for 2 new villages – the first in Whangarei & Cambridge.
Securities - NZ
Fletcher Building Ltd said today it had completed its sale of the Formica Group to Broadview Holding BV, and also confirmed its earnings guidance for the balance of the company for the financial year ending this month.
Precinct Properties NZ Ltd has pushed back the opening dates for its Commercial Bay property in downtown Auckland to March 2020 for the retail centre and April 2020 for the new PwC Tower.
Millennium & Copthorne Hotels NZ Ltd made a record $49.4 million after tax in 2018, but chair Colin Sim told the annual meeting yesterday faced headwinds.
Augusta Capital Ltd more than doubled profit in the March year as it continues developing as a funds manager.
Augusta Capital Ltd said today its subsidiary, Augusta Funds Management Ltd, would buy the 12-tenant Albany Lifestyle Centre from Argosy Property Ltd for $89 million and place it in a new investment fund.