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PFI results reflect Direct Property merger

Chris Hutching for NBR NZ Property Investor
Wed, 19 Feb 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Property For Industry [NZX: PFI] has posted its first annual result post-merger with Direct Property Fund.

This is reflected in the doubling of rental income to $48.1 million.

This was $18.7 million or 63.4% higher, with the merger accounting for $16.3 million of additional rental income

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Chris Hutching for NBR NZ Property Investor
Wed, 19 Feb 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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PFI results reflect Direct Property merger
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