Author: Luke Jenkins

DNZ Appointment of Company Secretary 21/03/2011 DNZ Property Fund Limited (NZX Code: DNZ) announces today the appointment of Jennifer Whooley as Company Secretary effective from today, 21 March 2011.   Tim Storey, Chairman of DNZ Property Fund Limited, says “Jennifer will be taking on the role in conjunction...

DNZ Investor Update March 2011 14/03/2011 DNZ Property Fund Limited March 2011 Investor Update has been sent to shareholders.   Please find below a link to the newsletter which is available on DNZ's website.     Downloads [wpdm_package id='18544'] For Further Information Please Contact: Tim Storey, Chairman, DNZ Property Fund Limited Mobile: 021 633...

DNZ Jackson Street, Petone, Property Settlement Completed 1/03/2011 The sale of the property at 33-43 Jackson Street, Petone, Wellington, settled on 25 February 2011.   Net settlement funds from the sale will be utilised to repay bank debt.     For Further Information Please Contact: Paul Duffy, CEO, DNZ Property Fund Limited Phone:...

DNZ Two Christchurch Properties 24/02/2011 DNZ Property Fund Limited has advised that its tenants and property assets in Christchurch appear to have escaped unharmed from Tuesday’s devastating earthquak   DNZ Chief Executive Paul Duffy said tenants in the company’s Christchurch owned buildings at 62 Columbia Avenue, Hornby and...

Bush Road Property Settlement Completed 1/02/2011 The sale of the vacant property at 231 Bush Road, Albany, Auckland settled on 28 January 2011.   The sale of this property in conjunction with the sale of 33-43 Jackson Street, Petone (contracted to settle on 25 February 2011) completes the...

Whangarei Property Settlement Completed 22/11/2010 The sale of the property on the corner of Tauroa Street and State Highway One, Whangarei for $13.6m settled on 19 November 2010.   The sale of the property on the corner of Tauroa Street and State Highway One, Whangarei for $13.6m settled...

DNZ Property Fund Completes Asset Sales Programme 9/11/2010 The sale of the property on the corner of Tauroa Street and State Highway One, Whangarei, is now unconditional, with settlement contracted for 19 November 2010.   The sale of the property at 143-149 First Avenue and 243-255 Cameron Road,...

DNZ Property Fund Transaction Update 1 November 2010 1/11/2010 Divestments DNZ Property Fund has unconditionally sold its property at 33-43 Jackson Street, Petone ($13.6m) and a vacant property at 231-233 Bush Rd, Albany ($7.1m) following unsolicited offers on both properties, with settlements on 25 February 2011...

DNZ Enters NZX 50 and NZX Property Indices 8/10/2010 The Directors of DNZ Property Fund are pleased to announce that the company is now included in the NZX 50, NZX 50 Portfolio, NZX MidCap, NZX All and NZX Property indices.   Tim Storey Chairman of DNZ Property Fund...

DNZ Offers Share Sale Service 8/10/2010 DNZ Property Fund Limited today sent a letter to shareholders who hold 25,000 DNZ shares or less offering to facilitate the sale of their shares on the NZSX on a nil commission basis.   Tim Storey Chairman of DNZ Property Fund says...

Update on Christchurch Properties post Earthquake 13/09/2010 DNZ Property Fund Limited’s property at 7 Winston Avenue, Papanui will reopen today after it suffered minor damage from the Christchurch earthquake. DNZ is pleased to advise that engineering reports have confirmed that the building is structurally sound.   Minor works...

DNZ Two Christchurch Properties Earthquake Status 6/09/2010 DNZ Property Fund Limited has two properties located in Christchurch, one at 62 Columbia Avenue, Hornby and one at 7 Winston Avenue, Papanui.   Preliminary reports indicate damage at the distribution centre in Hornby is limited to the racking systems and...

DNZ Sells Whangarei Property 6/09/2010 DNZ Property Fund Limited is pleased to announce the conditional sale of corner Tauroa Street and State Highway One, Whangarei for $13,595,612 with settlement expected on 15 October 2010.   The sale of the property is part of the asset sale program disclosed...

DNZ Sets Price For Share Offer 11/08/2010 Following completion of the bookbuild process, the Board of DNZ Property Fund has set an Offer Price of $0.97 per Share for all investors in its Offer which opened on July 19.   All existing Shareholders who applied for their entitlement...