The KiwiSaver fund manager is living up to its intention to lower pricing of its dedicated rental units, now counting 507 completed units in its build-to-rent portfolio.
The Bay of Plenty property developer says key issues have failed to be addressed.
Private plan change marks end of ‘painstaking’ three-year regulatory journey for Perry Group.
The rights issue and $127.5m development will be put to a shareholder vote.
It's the fund's second venture with the NBR Rich List Russell Family.
But a critic calls the Auckland Council report “arithmetical gymnastics.”
Other OIO decisions for January include a $426m packaging business sale.
The trust has conditionally purchased three Australian aged care assets for $60.1m.
The property company thinks many of its Auckland properties are still under-rented.
The planned luxury hotel needs international business to be viable.