Corporate & Results

The developer puts $2.80 per share on the table and says it won’t make another offer for at least nine months.

The retirement village company says it is on track to build up to 730 homes across NZ and Australia in 2025.

Radius Residential Care Limited says it expects to release a “strong” set of FY25 operating results, due to robust trading during its final quarter.

Forsyth Barr Investment Management Limited has reported a 1.006% increase in its substantial holding of Precinct Properties NZ & Precinct Properties Investments Limited.

Restaurant Brands opened nine new stores in 2024, taking its portfolio to 521 properties.

Ryman Healthcare will pay back $275m in debt, plus $22m in fees, following its $1bn equity raise.

Shopping Centre Investments Ltd says its December 2024 turnover at The Hub shopping centre in Christchurch was 4.3% up on the same month a year earlier.

The big box retailer says in its interim results that overall store space fell by 3.1%, with its flagship banner impacted the most.

Kiwi Property has set the price for its dividend reinvestment plan at $0.8817 per share for the dividend being paid on Monday, 24 March 2025.

Argosy Property has set its dividend reinvestment plan (DRP) price at $0.9733 per share for the dividend that will be paid on Wednesday, 26 March 2025.

The retailer has 90 Briscoes Homeware and Rebel Sport sites, with a $120m distribution centre and flagship stores in the works.

Ryman Healthcare Limited says it has successfully completed the retail entitlement offer component of its $1bn capital raise.

An investment vehicle owned by a pair of funds suffers write-downs that more than offset rising rental income.

Shopping Centre Investments Limited will pay a March 2025 dividend of 0.75 cents per share.

A S&LB of the apple exporter’s $40m headquarters is among a raft of measures being taken to raise capital.

Property for Industry has closed its offer of $150m in 5.5 year senior secured fixed rate bonds.

Kiwi Property will pay a third quarter dividend of 1.35 cents per share.

Goodman Property Trust will pay investors $0.016250 per unit for the third quarter of the year ending 31 March 2025.

Property for Industry Limited has launched a $100m bond offer, with the ability to accept oversubscriptions of up to an additional $50m.

The new 225-room Hotel Indigo is up for sale and is being marketed by Whillans Realty Group & McVay Real Estate.

The retirement village operator reports a record underlying profit $206.4m but says it is reviewing policies to address the funding gap.

The QSR group’s KFC, Taco Bell, Pizza Hut and Carl’s Jr stores achieve record sales for the second year running.

Argosy Property will pay a dividend of 1.6625 cents per share for the third quarter of the 2025 financial year.

Ryman Healthcare has opened the retail entitlement component of its $688m underwritten pro-rata accelerated non-renounceable entitlement offer.

Property for Industry Limited has reported profit after tax of $28.8m for the six months to December 2024, up 36% on the same period a year earlier.

Trading in Ryman Healthcare Limited’s shares on the NZX resumed on Tuesday afternoon.

The resi and industrial property developer says markets have stabilized and it expects further growth this year.

The listed retirement village and rest home operator says it wants to release more than $500m in cash from the business over the next 3-5 years.

The hotel operator also reiterates its advice to shareholders: don’t sell to CDL.

The company reported total revenue of $134m, up 11.1%, with net property income rising to $71.4m from $68.4m.