DNZ Property Purchase Unconditional 27/05/2013 DNZ Property Fund Limited (DNZ) confirms that the agreement to purchase the development land comprising zone 5 of the proposed Westgate Town Centre development in north-west Auckland for $25m is now unconditional.   Settlement is expected in mid-June 2013 following issuance of title.     For...

DNZ Successful Completion of $60 Million Placement 23/05/2013 DNZ Property Fund Limited (DNZ) is pleased to announce the successful completion of the $60 million placement of new shares undertaken yesterday. The placement was fully subscribed at an issue price of $1.68 per share. Settlement and allotment...

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 Delivers 119% Lift in Net Profit after Income Tax 22/05/2013 DNZ Property Fund Limited (DNZ) is pleased to announce a positive performance for the year ended 31 March 2013 with a 119% lift in net profit after income tax to $45.5m   DNZ Chairman Tim Storey said...

DNZ Buys Westgate Town Centre Land in Auckland's Major Growth Node 14/05/2013 DNZ Property Fund Limited (DNZ) has signed a conditional agreement to purchase the development land comprising zone 5 of the proposed Westgate Town Centre development in the north-western growth suburb of Auckland for $25m....

DNZ Retains Westpac for Five Levels at 1 Grey Street, Wellington 7/05/2013 DNZ Property Fund Limited (DNZ) is pleased to announce the completion of a new lease expiring in April 2018 with Westpac at 1 Grey Street, Wellington. This lease is for 4,266m² of office space,...

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 31 March 2013 Valuations and Quarterly Portfolio Update – Fourth Quarter FY13 22/04/2013 Occupancy at 99.6% Portfolio Value up 2.4%   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 fourth...

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...

DNZ Secures Nine Year Lease with AA Insurance for a New Office Warehouse at O’Rorke Road, Penrose, Auckland 20/03/2013 DNZ Property Fund Limited (“DNZ”) is pleased to announce agreement has been completed with AA Insurance Limited for a new 1,400m² warehouse and office facility at O’Rorke...

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 Property Fund Limited Dividend Reinvestment Plan Price Determined DNZ Property Fund Limited wishes to advise that the strike price for the shares to be issued under its Dividend Reinvestment Plan in respect of the dividend payable on 14 March 2013 has been set at...

DNZ Property Fund Limited (DNZ) - FY13 Third Quarter Dividend 13/02/2013 The Board of DNZ has today approved a third quarter cash dividend of 2.25 cents per share. This dividend will carry imputation credits of 0.542 cents per share. A supplementary dividend of 0.246 cents per...

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 Property Fund Limited Dividend Reinvestment Plan Price Determined 14/12/2012 DNZ Property Fund Limited today released its Interim Report for the six months ended 30 September 2012. The second quarter cash dividend of 2.25 cents per share, for the period ended 30 September 2012, was paid...

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,...