On the move, July 2017

Australian joins CDL & Millennium boards – Binns & Snodgrass join Metlifecare board – Stafford-Bush joins Gaze, plus 8 design appointments – Lyons to source capital for Oyster – Luker moves from Kiwi to Stride – Steel & Tube names new chief financial officer – Marshall named a principal at Jasmax – City Rail Link […]

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Goodman’s map showing its Concourse site.

Goodman settles Henderson purchase

The Goodman Property Trust has settled its $18.9 million acquisition of the Concourse Industry Park in Henderson. The trust announced its purchase of the former Alloy Yachts premises & an adjoining industrial property on the corner of Selwood Rd & The Concourse, Henderson, last September. The 2 former boatbuilding premises have about 22,120m² of high […]

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The migration debate: Which way forward?

Statistics NZ will publish the monthly migration figures this Friday and, on recent trends, the net inflow is likely to be just over 72,000/year. The Labour Party believes it can cut that by 20-30,000/year by enforcing rules more tightly. On Friday, economist Gareth Kiernan warned that cutting the number sharply could cause a slump.

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Mark Gunton.

Retail Property Group valuation up 44% as NZX listing looms

NZ Retail Property Group Ltd’s pre-transaction restructuring to enable a backdoor NZX listing through Bethunes Investments Ltd has been completed, and Bethunes chair Chris Swasbrook said on Monday legally binding documentation to formalise the transaction should be entered within a week. When Bethunes (previously the philatelic business Mowbray Collectables Ltd) said in March it had […]

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