May have bottomed out. The 10 year govt stock has 'stabilised' the last few weeks a bit low below the highs of early way
where do you see that discount to NTA in say six month times?
Printable View
GMT CEO stepping down at end of year.
Looks like the auckland drift south for commercial property is gaining steam..
https://www.stuff.co.nz/waikato-time...e-moving-south
US 10 yr on the rise again.
Here you go LEK.
more news on KPG you probably already know about.
https://www.stuff.co.nz/pou-tiaki/12...ton-worldclass
Weekly update:
Our basket of stocks down on average 1.2% this week, but at least it outperformed the NZX50 which was down 2.5%.
note: KPG, ARG & VHP went ex-div this week (which further emphasizes the relative out-performance this week).
Attachment 13884
Thanks for sharing - hadn’t seen any renders of the plans before. It’s not on KPG’s near term roadmap which is focused on the new Drury mixed use town centre, and intensifying Sylvia Park & LynnMall with new residential & office towers (and new large format retail stores beside IKEA).
LEK though they already released info for more MIX development in HAM CBD around centre place?
lost track, no details yet?
Here’s the original announcement from April 1st last year:
https://www.nzx.com/announcements/370146
Thanks LEK....
looks like a Long March... 100 year plan.
They are in plan development mode then for the Ham CBD....
Notice that the building actually has some leaks when it rains..