DNZ Internalises Manager 5/07/2010 On Friday 2 July 2010 the Board of DNZ Property Fund confirmed that the previous management arrangements have been terminated, and DNZ is now led by its Board with Paul Duffy employed as CEO. The company now has a new constitution that enables...
DNZ Trading Halt 30/06/2010 As stated in the Notice of Meeting for the Annual Meeting to be held on 8 July 2010, the DNZ Property Fund Board has suspended trading of DNZ Shares on the Unlisted Market from 5pm 30 June 2010. It is not expected that...
Limited Capital Raising for DNZ Property Fund 8/06/2010 DNZ Property Fund chairman Tim Storey today confirmed the Company is considering a $35 million capital raising and will put the matter to shareholders for approval at the Annual Meeting, with the date and venue to be finalised...
DNZ Confirms Management Contract Buyout 4/06/2010 The Board of DNZ Property Fund today confirmed that conditional agreement had been reached on a $32 million termination of the existing management contract with the management function of the $700 million portfolio to be brought in-house. An additional $3m will...