Industrial & Logistics

The NZX-listed industrial landlord says its 6.5-year fixed rate bonds were fully subscribed.

Property for Industry has completed the sale of two regional industrial properties for a combined $19.05m.

Loss-making manufacturer Heinz Wattie’s has announced a wide-ranging operational restructure cutting product lines, factory footprint, and people as part a long-term strategy focus.

Blue Star Group has officially opened its $40m facility at 114 Swanson Road in Auckland.

The value of non-residential building consents totalled $8.9bn in the year to April 2025, down 7.6% from the previous 12 months.

The company partners with Mercer and Goodman Group to hold its Highbrow Business Park.

Wellington Airport’s performance helped its majority owner Infratil to lift revenue to $3.85bn for the year to March 2025, up from $3.14bn for FY24.

The large format retail investor rebounds from the previous year’s $67m loss.

Plans for a $3bn inland port in Otago have been unveiled, with the promise of boosting the export capacity of the country’s primary industries.

Institutional investors have been challenged by the difficult economic conditions but there’s significant private wealth looking to deploy.

The joint venture will develop the iwi’s 610 hectare Ruakura Superhub at Hamilton.

The Asia Pacific investor is buying 38-44 Dalgety Drive at Wiri, part of the Goodman-developed Enterprise Park.

Woolworths has been given the green-light for a huge expansion of its key South Island distribution centre in Christchurch’s Hornby.

Lion New Zealand is installing rooftop solar at its Auckland brewery – the country’s largest – The Pride, where the company can run 160,000 cans and bottles per hour across four production lines.

The CEO says lease enquiries so far this year have exceeded expectations.

Tourism Holdings Limited’s Auckland employees are consolidating onto a single site in the biggest move for the operator’s staff in the city for 16 years.

The senior MD expects more activity from international capital, but increasingly sophisticated onshore buyers should dominate.

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

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

The owners of liquor store chain Big Barrel have added a Hawke’s Bay brewery and neighbouring restaurant and alehouse to its holdings. 

CBRE’s latest Transaction Monitor show 96 deals over the six months, with both the number of transactions and their value exceeding the same period a year earlier.

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

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

Property for Industry limited has settled its $8.5m purchase of a site at 316 Neilson Street, Penrose, Auckland.

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

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.

Office market activity is largely static in Invercargill but demand for prime retail and industrial space across Southland remains strong, according to CBRE.

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

The new site joins the industrial specialist’s neighbouring properties, which it says are valued at more than $80m.

Booster Private Land and Property Fund experienced a negative return for 2024, with a decline of 1.44%.