Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »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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