Company archive
Read that company's published results in release order, newest first.
Showing 1-10 of 10 published briefings.
Reported PBT up 78.5% includes $17.1m of property fair value gains, while pre-lease free cash flow turned negative as capex outpaced operating cash.
Published 22 April 2026
Read briefingReported revenue of NZ$127.5m and NPAT of NZ$106.0m compare to a six-month transition period; the durable read is NTA up 4.8% to NZ$2.84.
Published 22 April 2026
Read briefingA tax-rate flip lifts headline NPAT to +35.8% while operating cash flow stays flat and net debt rises NZ$20m to fund the development pipeline.
Published 22 April 2026
Read briefingHeadline NPAT swung +169.4% on a smaller fair-value loss, but operating profit was flat and rising debt funded the development spend.
Published 22 April 2026
Read briefingOperating cash held near prior at NZ$47.0m, but a development capex step-up left the dividend no longer covered by free cash flow.
Published 22 April 2026
Read briefingRental revenue rose just 1.3% and pre-lease free cash flow halved to NZ$6.4m as capex on the development pipeline doubled.
Published 22 April 2026
Read briefingLast year's $392.5m property revaluation gains have unwound, yet a 32.5% drop in reported income lacks explanation in the release.
Published 22 April 2026
Read briefingRent reviews delivered 4.8% uplifts and new leases ran 15.6% above prior contracts, but operating cash flow fell 34.4% to $26.2m.
Published 22 April 2026
Read briefingRevaluation lifted NPAT to $452.8m and NTA to 303.4 cents per share, while cash earnings rose modestly and gearing eased to 27.7%.
Published 22 April 2026
Read briefingHeadline growth reflects fair value gains and a revenue-base shift; FFO, 22.9% NTA growth, and 30% gearing are the real operating read.
Published 22 April 2026
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