DNZ 2013 AGM and Notice of Meeting

DNZ 2013 AGM and Notice of Meeting

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 Annual Meeting there will be presentations detailing the performance of the Company for the year ended 31 March 2013. Shareholders will have an opportunity to question the Board on the Company’s performance and to consider any other business that may be properly brought before the meeting. Shareholders will be asked to vote on four resolutions at the Annual Meeting as set out in the Notice of Meeting.

The Notice of Meeting, which explains the resolutions, is being mailed to Shareholders today. It has also been provided to NZX.

Shareholders can vote on the resolutions either online, in person at the meeting on Tuesday 13 August 2013 or by appointing a proxy to vote and returning the Voting and Proxy Form accompanying the Notice of Meeting no later than 10.00 am (New Zealand time) on Sunday 11 August 2013.


For Further Information Please Contact:
Tim Storey, Chairman, DNZ Property Fund Limited
Mobile: 021 633 089 – Email: [email protected]

Paul Duffy, Chief Executive, DNZ Property Fund Limited
DDI: 09 913 1154 – Mobile: 021 843 758 – Email: [email protected]

Jennifer Whooley, Chief Financial Officer, DNZ Property Fund Limited
DDI: 09 913 1150 – Mobile: 021 536 406 – Email: [email protected]

DNZ Property Fund Overview
DNZ Property Fund Limited owns one of New Zealand’s largest diversified investment property portfolios with commercial office, retail and industrial properties located in the main urban areas throughout New Zealand. As at 31 March 2013, DNZ Property Fund owned 48 properties with 258 tenants, a weighted average lease term of 5.2 years and an occupancy rate of 99.6% over a net lettable area of 354,502m².

DNZ Property Fund Limited is a Portfolio Investment Entity in which investors hold shares and is managed by its own internal management team. DNZ also holds management rights to Diversified NZ Property Fund Limited, a $111 million (as at 31 March 2013) commercial property portfolio.

DNZ’s top 10 tenants as at 31 March 2013: Bunnings, Fletcher Building, NZ Government, Progressive Enterprises (Countdown), Foodstuffs (PAK’nSAVE & New World), ASB, Westpac, Meridian Energy, Lion and Mitre 10. These 10 tenants represent 52% of the Company’s total contract rental.

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