Recent Posts

NPT turns to profit in 2013 on insurance payouts, property valuation gains

NPT, the listed property investor, turned to a profit in 2013 after it gained from payouts on an earthquake damaged Christchurch building and the overall value of its properties rose. The Auckland-based retail, commercial and industrial property investor reported profit of $33 million in the year ended March 31, from a loss of $2.3 million a year earlier. The value …

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Doing Business in LA: Mainfreight

By Brierley Penn Understanding the key differences between the various cultural settings in which they operate has been integral to Mainfreight’s success in an increasingly globalized business environment. With a market capitalization of $1 billion, and 75% of their revenues coming from offshore sources, the company no longer considers themselves to be a purely New Zealand business. The company entered …

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Doing Business in LA: Vista Entertainment

By Brierley Penn 5 years ago, 1% of Vista Entertainment’s revenues were generated in US markets. Today, that figure sits at 25%, and the growth in this integral market has assisted Vista in becoming the world’s leading company operating in the cinema exhibition business. Derek Forbes delivered his “Three Do’s and One Don’t” at the NZ Doing Business in LA …

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