Goodman Property Trust, the second-biggest property investor on the NZX, has scaled its unit purchase plan after oversubscriptions top out. The Auckland-based property investor has scaled applications to 77.95 percent after receiving$38.5 million of bids in the offer to unitholders, some $8.5 million above its limit, the company said in a statement. The UPP was seeking to raise $20 million …

Woolworths New Zealand, which accounts for about 40 percent of the country’s supermarket sales, boosted its annual profit 29 percent as it squeezed more out of increasing revenue. Net profit rose to $128.9 million in the 12 months ended June 24, from $99.8 million a year earlier, according to financial statements lodged with the Companies Office. Revenue grew 3.5 percent …

Brookfield Multiplex, the Australian firm whose New Zealand developments included the Sylvia Park Shopping Centre and the Pegasus Town development, says a lack of new projects in a tough market drove the decision to liquidate its local unit. Brookfield Multiplex Constructions (NZ) appointed liquidators on Dec. 4 though it had largely ceased operating in 2011, when it made most of …