Brief: Property For Industry Expects Annual Increase In Value Of Property Portfolio to NZ$1.32 Bln
Dec 13 (Reuters) - Property for Industry Ltd PFI.NZ :
* PROPERTY FOR INDUSTRY ANNOUNCES SALE OF CO'S 50 PARKSIDE
ROAD
PROPERTY IN WELLINGTON FOR GROSS SALES PRICE OF NZ$3.4 MILLION
TO PRIVATE INVESTOR
* EXPECTED ANNUAL INCREASE IN VALUE OF PROPERTY PORTFOLIO AS
RESULT OF INDEPENDENT VALUATIONS OF ABOUT NZ$69 MILLION TO
NZ$1.32 BILLION
Source text for Eikon: urn:newsml:reuters.com:*:nNZS1Gbqa
Further company coverage: PFI.NZ
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Property for Industry
See all newsBrief: Property For Industry Announces FY Profit After Tax Of NZ$77.7 Million
Brief: Property For Industry Announces Q3 Dividend Of 2.20 NZ Cents Per Share
Brief: Property For Industry Launches Bond Offer
Brief: Property For Industry Says Considering Offer Of 6.5 Year Senior Secured Fixed Rate Bonds
Brief: Property For Industry Updates On Potential Bond Offer By PFI