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Winton Property - IPO
From Business Desk:
Winton delivers early Christmas present to NZX in $350m IPO
Winton Property is pressing ahead with plans to raise as much as $350 million in an initial public offering that will get in just before the Christmas break.
The residential property developer settled on a dual-listing on the NZX and ASX to help fund its expansion of high-end retirement villages and has secured a $200m commitment from Macquarie Asset Management. It has another $100m from high net worth investors and will invite institutional investors to bid for the remainder.
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Well if you going to invest in this you might as well also look at the US home builders..
But rates are going up and Dan Niles is going against the market saying SP down for next year.
Last edited by Waltzing; 02-12-2021 at 10:22 AM.
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Member
Julian cook as executive director will make this very interesting watching.
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Right under the flight path of a runway at Ardmore aerodrome.
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Pretty much marks the top of the NZ residential property market one would bet
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Originally Posted by LaserEyeKiwi
Pretty much marks the top of the NZ residential property market one would bet
Yep, that's the way it seems. They have an interesting concept but I am not prepared to risk it
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Originally Posted by LaserEyeKiwi
Pretty much marks the top of the NZ residential property market one would bet
https://www.stuff.co.nz/life-style/h...ll-20-per-cent
The housing market is on the precipice of a wind change that could see prices fall up to 20 per cent, one of the market’s biggest players claims.
Mega landlord Matthew Ryan says he hasn’t seen such a sudden shift in buyer sentiment, or such a convergence of factors that will reduce house prices, since the Global Financial Crisis.
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You not biased at all eh,, not half. Yes you are quoting someone else and everyone is entitled to their opinion
Last edited by Habits; 05-12-2021 at 08:39 PM.
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Member
Originally Posted by 777
Right under the flight path of a runway at Ardmore aerodrome.
Ah well. Hearing aids out at bedtime anyway. Shouldn't bother too many, and excite the retired plane spotters
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