Recent Posts

Infratil seeks cash through Z float, windfarm sell-down and bond issue

Infrastructure investor Infratil is seeking to fill its coffers for new, earlier stage investments through the part-sale of its 50 percent shareholding in Z Energy, the possible part-sale of an Australian windfarm, and the potential to issue a low-interest 10 year bond. The strong potential for a float of between 40 percent and 60 percent of Z was announced as …

Read More »

NZ property values extend gains in February, again led by Auckland, Canterbury

New Zealand property values continued to rise in February, with most of the increase still coming from Auckland and Canterbury. National property values rose 3.2 percent in the three months ended Feb. 28 to $428,692 and have gained 6.3 percent over the past year, according to state valuer Quotable Value. Property values are now 3.2 percent above the last peak …

Read More »