Bayleys sold 5 of the 13 properties on its Total Property 4 auction schedule in Auckland today.
Fletcher Building Ltd announced today it will undertake a capital return to shareholders of up to $300 million through an onmarket share buyback.
Kiwi Property’s new finance chief takes group in new directions – Experienced Pretoria engineer joins Harrison Grierson – Arlidge moves to Chalmers – Cochrane Wright moves to Berry Simons – Roche to chair NZ Transport Agency board – Arrow in liquidation – New chief executive starts at PrefabNZ – JLL Valuations ships in 2 recruits from the UK – Thompson returns to JLL – PMG accentuates funds management in name change – Sir Ron Brierley ushers himself out of 58-year career as raider – Fletcher Steel chief to run whole of Building Products
Retirement village owner & operator Arvida Group Ltd said today it would buy 3 retirement villages in Tauranga & Queenstown for $180 million from interests controlled by Fraser Sanderson, a longtime developer.
Tourism Holdings Ltd announced an $80 million capital-raising yesterday, $30 million from a placement to Chinese Government-controlled company HB Holdings Ltd and the balance in a 1:9 rights offer.
Global real estate services & investment management company Colliers International Group Inc, headquartered in Toronto, issued a 2-paragraph statement sacking the chief executive of its real estate services division, Dylan Taylor, last Thursday.