DNZ Wellington Portfolio Insignificant Earthquake Damage 19/08/2013 DNZ Property Fund Limited (“DNZ”) advises that its property assets in Wellington have not suffered any major damage following the 6.6 magnitude earthquake that occurred on Friday.   DNZ Chief Executive Paul Duffy said “Inspections of DNZ’s Wellington CBD properties...

DNZ FY14 First Quarter Dividend 13/08/2013 The Board of DNZ has today approved a cash dividend of 2.25 cents per share for the quarter ended 30 June 2013. This dividend will carry imputation credits of 0.565 cents per share. A supplementary dividend of 0.2564 cents per...

DNZ 2013 Annual Meeting Chairman and CEO Address 13/08/2013 DNZ Property Fund Limited has provided the NZX with a copy of the DNZ Chairman's and Chief Executive's address for the Annual Meeting that is being held today at 10am, Ellerslie Racecourse, Auckland.     Attachments provided to NZX DNZ 2013...

DNZ 2013 Annual Meeting Results 13/08/2013 DNZ has declared the poll results of the four resolutions put to the Company’s Annual Meeting in Auckland this morning. All four resolutions were passed as follows:   Resolution 1 That the re-appointment of PricewaterhouseCoopers as auditor of the Company be recorded and...

DNZ Settles Westgate Land 26/07/2013 DNZ Property Fund Limited (DNZ) has settled on the purchase of the development land comprising zone 5 of the proposed Westgate Town Centre development in north-west Auckland for $25m.   Paul Duffy, Chief Executive of DNZ, said “This development land has a resource...

DNZ Wellington Portfolio Insignificant Earthquake Damage 22/07/2013 DNZ Property Fund Limited advises that its tenants and property assets in Wellington appear to have escaped unharmed from the recent earthquake events.   DNZ Chief Executive Paul Duffy said “Engineering inspections of DNZ’s Wellington CBD properties have reported only superficial...

DNZ Quarterly Portfolio Update – First Quarter FY14 10/07/2013 FY14 Lease Expiries reduced, WALT extended to 5.6 years, Occupancy remains at over 99%   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...

DNZ Announces Allotment Under Share Purchase Plan 5/07/2013 DNZ Property Fund Limited (DNZ) today announces the allotment of shares under its Share Purchase Plan (SPP). The SPP gave Eligible Shareholders the opportunity to subscribe for up to $20 million of new DNZ shares up to a...

DNZ Announces Share Purchase Plan Subscription Price 1/07/2013 DNZ Property Fund Limited (DNZ) today announces the subscription price for the Share Purchase Plan (SPP) has been set at $1.645 representing the lower of:   a$1.6575 per Share (being the price paid by investors in DNZ’s recent private placement...

DNZ 2013 AGM and Notice of Meeting 25/06/2013 Notice is given that the Annual Meeting of Shareholders of DNZ Property Fund Limited will be held at the Remuera Room, Ellerslie Racecourse, 80-100 Ascot Avenue, Greenlane, Auckland on Tuesday 13 August 2013, commencing at 10 am.   At the...

DNZ Releases 2013 Annual Report and Pays Final Dividend 25/06/2013 DNZ Property Fund Limited today released its 2013 Annual Report and confirms it paid the final quarter dividend for the financial year ended 31 March 2013.   The final cash dividend of 2.25 cents per share was paid...

Share Purchase Plan Opens 10/06/2013 Further to the announcement of 22 May 2013, DNZ Property Fund Limited (DNZ) is pleased to advise that the Share Purchase Plan (SPP) opens today.   The offer is capped at $20 million and may be subject to scaling. The offer allows Eligible...

Annual Meeting and Director Nomination Closing Date 6/06/2013 For the purposes of NZSX Listing Rule 3.3.5, DNZ Property Fund Limited advises that in respect of its Annual Meeting to be held on Tuesday 13 August 2013, the closing date for director nominations is Friday 21 June...

DNZ Settles Silverdale Centre 31/05/2013 DNZ Property Fund Limited has today settled on the purchase of the Silverdale Centre at 61 Silverdale Street, Silverdale, Auckland for $78.0 million.   Paul Duffy, CEO of DNZ said "The acquisition of the Silverdale Centre, a quality fully leased asset, has moved...

DNZ Property Purchase Unconditional 27/05/2013 DNZ Property Fund Limited (DNZ) confirms that the agreement to purchase the development land comprising zone 5 of the proposed Westgate Town Centre development in north-west Auckland for $25m is now unconditional.   Settlement is expected in mid-June 2013 following issuance of title.     For...

DNZ Successful Completion of $60 Million Placement 23/05/2013 DNZ Property Fund Limited (DNZ) is pleased to announce the successful completion of the $60 million placement of new shares undertaken yesterday. The placement was fully subscribed at an issue price of $1.68 per share. Settlement and allotment...

DNZ Trading Halt of Securities 22/05/2013 DNZ Property Fund Limited (DNZ) announced today that it has requested that NZX place a trading halt on its shares while DNZ is undertaking a bookbuild process for a placement of up to $60 million of DNZ shares to certain...

DNZ Delivers 119% Lift in Net Profit after Income Tax 22/05/2013 DNZ Property Fund Limited (DNZ) is pleased to announce a positive performance for the year ended 31 March 2013 with a 119% lift in net profit after income tax to $45.5m   DNZ Chairman Tim Storey said...

DNZ Buys Westgate Town Centre Land in Auckland's Major Growth Node 14/05/2013 DNZ Property Fund Limited (DNZ) has signed a conditional agreement to purchase the development land comprising zone 5 of the proposed Westgate Town Centre development in the north-western growth suburb of Auckland for $25m....

DNZ Retains Westpac for Five Levels at 1 Grey Street, Wellington 7/05/2013 DNZ Property Fund Limited (DNZ) is pleased to announce the completion of a new lease expiring in April 2018 with Westpac at 1 Grey Street, Wellington. This lease is for 4,266m² of office space,...

DNZ Buys Silverdale Centre 24/04/2013 DNZ Property Fund Limited has unconditionally agreed to purchase the Silverdale Centre, at 61 Silverdale Street, Silverdale, Auckland, for $78 million reflecting a forecast initial yield on settlement of 7.2%.   Paul Duffy, Chief Executive of DNZ said “The Silverdale Centre’s retail mix...