DNZ Acquires the Mt Roskill Bunnings Warehouse, Auckland with 15 Year Lease 8/02/2012 DNZ Property Fund Limited has unconditionally agreed to purchase the Bunnings Warehouse at 2 Carr Road, Mt Roskill, Auckland for $24.5 million.   The lease to Bunnings Limited, for the near new 11,600m² building located...

DNZ Offers Share Sale Service 27/01/2012 DNZ Property Fund Limited today sent a letter to New Zealand resident shareholders who hold 15,000 DNZ shares or less offering to facilitate the sale of their shares on the NZSX on a nil commission basis.   Tim Storey, Chairman of DNZ...

DNZ Quarterly Portfolio Update –Third Quarter FY12 25/01/2012 Occupancy 98.7% and WALT 5.17 years   This DNZ Property Fund Limited (DNZ) announcement is to update the market on the Company’s transactional activity and property portfolio statistics. This update covers the third quarter of the 2012 financial year, being...

DNZ Releases 2011 Interim Report and Pays Second Quarter Dividend 16/12/2011 DNZ Property Fund Limited today released its 2011 Interim Report and confirms it has paid the second quarter cash dividend for the 2012 financial year.   The second quarter cash dividend of 2.1 cents per share was...

DNZ Change of Registered Office 15/12/2011 In accordance with Listing Rule 10.8.1, DNZ Property Fund Limited advises that effective from 23 December 2011 its Registered Office will change to:   Level 2 80 Greys Avenue Auckland 1010     For Further Information Please Contact: Jennifer Whooley, Company Secretary, DNZ Property Fund Limited DDI: 09 913...

Queens Wharf Meridian Building Exterior Louvre Cosmetic Damage Only 5/12/2011 Following the earthquake on Saturday evening, an inspection from a structural engineer has been undertaken. This inspection confirmed that, excluding some cosmetic damage to a northern louvre panel, the Queens Wharf building itself was not affected...

DNZ Property Fund Shareholder Briefings 2011 14/11/2011 DNZ Property Fund Limited has mailed to Shareholders an invitation to a series of Shareholder Briefings planned for Monday 21 to Friday 25 November 2011 to be held throughout New Zealand.     Downloads For Further Information Please Contact: Paul Duffy, Chief Executive, DNZ...

DNZ Negotiates Reduced Bank Finance Costs of $2.0 million per annum. 31/10/2011 DNZ Property Fund Limited has secured a revised $300m bank debt facility evenly split with its existing bankers ANZ, CBA and BNZ.   The facility comprises a $150m three year tranche and a $150m four year...

DNZ Quarterly Portfolio Update – Second Quarter FY12 17/10/2011 This announcement from DNZ Property Fund Limited (DNZ) is to update the market on the Company’s transactional activity and property portfolio statistics. This update covers the second quarter of the 2012 financial year, being 1 July to...

DNZ Sells Auckland Property 10/10/2011 DNZ Property Fund Limited announced today the unconditional sale of 132 Vincent Street, Auckland.   The sale was negotiated at the 31 March 2011 valuation of $9.0 million. Settlement is scheduled for 30 July 2012.     For Further Information Please Contact: Paul Duffy, Chief Executive, DNZ Property...

DNZ Reduces Finance Costs by $600,000 per annum 4/10/2011 DNZ Property Fund Limited (DNZ) has reduced its syndicated banking facility limit from $350m to $300m resulting in an immediate reduction in finance costs for the Company of approximately $600,000 per annum.   DNZ also advises that today...

DNZ Property Sales Settlements Completed 16/09/2011 DNZ Property Fund Limited confirms that settlement of the sales of the properties at 129 Hurstmere Road, Auckland, and 99-105 Customhouse Quay, Wellington, were completed on 15 September 2011.   Net proceeds from the sales have been utilised to repay bank...

DNZ September 2011 Investor Update 8/09/2011 DNZ Property Fund Limited September 2011 Investor Update has been sent to shareholders.   Please find below a link to the newsletter below. DNZ September 2011 Investor Update     Downloads [wpdm_package id='18515'] For Further Information Please Contact: Paul Duffy, Chief Executive, DNZ Property Fund Limited DDI: 09 913...

DNZ Appointment of PricewaterhouseCoopers as New Company Auditor 6/09/2011 DNZ Property Fund Limited announced today that it has appointed PricewaterhouseCoopers as the Company’s auditor through to the next Annual General Meeting, which is expected to take place in August of next year.   Shareholders will be asked...

DNZ Announcement Regarding MFL Decision 26/08/2011 DNZ has continued to evaluate the Argosy merger and as part of its assessment has engaged with interested parties.   Argosy’s major unit holder, MFL, has now stated that the internalisation of Argosy is the path they wish to proceed with. This...

DNZ Sells Another Property Above Valuation 24/08/2011 DNZ Property Fund Limited is pleased to advise the unconditional sale of 129 Hurstmere Road, Auckland, for $18.067 million.   This follows the sale of 99-105 Customhouse Quay, Wellington, for $13.500 million, announced last week. The total gross realisation of these...

DNZ Letter to Argosy Unitholders 17/08/2011 DNZ Property Fund has sent a letter to Argosy Unitholders today regarding the Argosy Property Trust ("Argosy") AGM and Resolutions.   DNZ has supplied a copy of the letter to the NZX and a copy of the letter can also be...

DNZ Sells Wellington Property 16/08/2011 DNZ Property Fund Limited is pleased to announce the unconditional sale of 99-105 Customhouse Quay, Wellington, for $13.5 million, with settlement scheduled for 15 September 2011.   Paul Duffy, Chief Executive of DNZ said “The sale price of this property was successfully...

DNZ First Quarter Dividend 10/08/2011 The Board of DNZ has today approved a first quarter cash dividend of 2.0 cents per share. This dividend will carry no imputation credits.   The record date for this dividend is 25 August 2011, with payment to shareholders to be made on...

DNZ 2011 Annual Meeting Results 10/08/2011 DNZ today declared the poll results of the three resolutions put to the Company’s Annual Meeting in Auckland this morning. All three resolutions were passed as follows:   Resolution 1 That the Directors be authorised to fix the fees and expenses of the...

DNZ Alters Argosy Annual Meeting Resolutions 5/08/2011 DNZ Property Fund (DNZ) has confirmed it wishes to put just two resolutions to Argosy unit holders at the Argosy Annual Meeting scheduled for late August, and has made this request to the Manager today.   DNZ Chairman Tim Storey...