Author: Luke Jenkins

DNZ Trading Halt of Securities 22/05/2013 DNZ Property Fund Limited (DNZ) announced today that it has requested that NZX place a trading halt on its shares while DNZ is undertaking a bookbuild process for a placement of up to $60 million of DNZ shares to certain...

DNZ Buys Silverdale Centre 24/04/2013 DNZ Property Fund Limited has unconditionally agreed to purchase the Silverdale Centre, at 61 Silverdale Street, Silverdale, Auckland, for $78 million reflecting a forecast initial yield on settlement of 7.2%.   Paul Duffy, Chief Executive of DNZ said “The Silverdale Centre’s retail mix...

DNZ Sends April 2013 Investor Newsletter 22/04/2013 DNZ Property Fund Limited has provided the NZX with a copy of the DNZ April 2013 Investor News.   The newsletter has been mailed to those Shareholders not registered with DNZ’s registrar, Computershare, to receive communications electronically. The newsletter is also...

DNZ Property Sale Settlement Completed 12/04/2013 DNZ Property Fund Limited confirms that settlement of the sale of the properties at 8 Burnham Street, 7-17 and 19-21 Bouverie Street, Lower Hutt, Wellington, was completed on 12 April 2013.   Net proceeds from the sales have been utilised to repay...

Hydraulink Commits to New DNZ Facility at O’Rorke Road, Penrose, Auckland 14/03/2013 DNZ Property Fund Limited (“DNZ”) is pleased to announce that Hydraulink Fluid Connectors Limited, a leading company in the fluid connectors industry, has committed to a new 3,390m² warehouse and office facility at O’Rorke...

DNZ Property Fund Settles Albany Land 12/03/2013 DNZ Property Fund Limited has today settled on the $5.7 million purchase of the 1.4 hectare block of bare land that sits between the 2 office buildings owned by DNZ at 33 Corinthian Drive and 51 Corinthian Drive, Albany,...

DNZ Quarterly Portfolio Update – Third Quarter FY13 21/01/2013 FY13 Lease Expiry only 1.1%, Occupancy at over 99%   This DNZ Property Fund Limited (“DNZ”) announcement is to update the market on the Company’s transactional activity and property portfolio statistics. This update covers the third quarter, being 1...

DNZ Sells Wellington Industrial Properties 13/12/2012 DNZ Property Fund Limited has unconditionally sold the properties at 8 Burnham Street, 7-17 and 19-21 Bouverie Street, Lower Hutt, Wellington, for $12.5 million.   Settlement is scheduled for 2 April 2013.     For Further Information Please Contact: Paul Duffy, Chief Executive, DNZ Property Fund...

DNZ Property Sale Settlements Completed 3/12/2012 DNZ Property Fund Limited confirms that settlement of the sale of the properties at 62 Columbia Avenue, Hornby, Christchurch and 14 Tyers Road, Ngauranga Gorge, Wellington, was completed on 30 November 2012.   Net proceeds from the sales have been utilised to...

DNZ Delivers a Solid Interim Result 15/11/2012 Share Price Trading at a Premium to NTA 13% Lift in Operating Profit Before Tax Improved Portfolio KPI’s Cash Dividend of 2.25 Cents Declared for the Quarter   DNZ is pleased to announce a positive performance for the six month period...

DNZ Property Sale Settlement Completed 8/11/2012 DNZ Property Fund Limited confirms that settlement of the sale of the property at 70 Nayland Road, Nelson, was completed on 8 November 2012.   Net proceeds from the sale have been utilised to repay bank debt.     For Further Information Please Contact: Paul Duffy,...

DNZ Sells Wellington Industrial Property 5/11/2012 DNZ Property Fund Limited has unconditionally sold the property at 14 Tyers Road, Ngauranga Gorge, Wellington, for $4.48 million.   Settlement is scheduled for 23 November 2012.     For Further Information Please Contact: Paul Duffy, Chief Executive, DNZ Property Fund Limited DDI: 09 913 1154 -...

DNZ Confirms Purchase of Albany Land 23/10/2012 Further to the announcement on 13 August 2012 DNZ has unconditionally agreed to purchase the 1.4 hectare block of bare land that sits between the 2 office buildings owned by DNZ at 33 Corinthian Drive and 51 Corinthian Drive,...

DNZ Quarterly Portfolio Update – Second Quarter FY13 17/10/2012 FY13 Lease Expiry Reduced to 1.6%, Occupancy up at 99%   This DNZ Property Fund Limited (“DNZ”) announcement is to update the market on the Company’s transactional activity and property portfolio statistics. This update covers the second quarter, being...