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Hot Topic Budget 25
Property
2 mins to read

PFI profit drops on lower property valuation gains

The company posted a full-year profit of $113.5 million.

Andrew Bevin Mon, 22 Feb 2021

NZX-listed Property for Industry’s full-year profit dropped 35% on lower property valuation gains, but funds from operations increased during the year.

The industrial property investor posted a profit for the year to December 31 of $113.5 million, down from $176.3m in the 2019 financial

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Andrew Bevin Mon, 22 Feb 2021
Contact the Writer: andrew@nbr.co.nz
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PFI profit drops on lower property valuation gains
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