Fund manager aiming for 6.5% annual return from its new Veritas property fund, focused on ‘export aligned’ assets, including from Mr Apple.
The NZX-listed landlord held its earlier guidance despite Delta outbreak.
Skyrocketing property prices and valuer shortages behind the increase.
The Property Council says industry feedback on no-access clauses was ignored.
The bulk of the raise comprises a $115m placement.
Changes will lead to $1b reduction in tax deductions over next four years.
Sylvia Park could see about 1200 apartments in the medium term.
Listed landlord plans for as many as 1200 apartments on the site in the medium term.
Unprecedented interest in logistics assets, but New Zealand e-commerce still lags.
Ingka Group will convert the 5500ha Wisp Hill Station to forest.