A perfect storm of bigger deals but fewer overall sales saw the January median price come in at an all-time record for the resort town, up a third on the prior month alone.
The NZX-listed property fund's supermarket heavy portfolio proves Covid-19 resilient.
The NZX listed property fund has given $3.5m in rent relief so far.
The sale of assets early next year is also expected to raise a further $100m.
First half tenant support expected to impact around 5% of annualised gross rental income.
New hotel developments risk further stressing the market by adding supply.
It follows a withdrawn $100m raise in March 2020.
Update: PFI reinstated dividend guidance following resilient half year results
The industrial landlord posted a lower profit driven by property-revaluation losses.
Investment comes as public housing waiting list doubles to 18,000.
