Net property income: Down 0.6% to $92.8 million for year ended December 31, 2023.
Loss: $97.8m, following a $140.8m drop in the value of its portfolio.
Key takeaway: Vacancies are at near all-time lows.
Auckland commercial landlord Property for Industry (PFI) has reported a $97.8 million after-tax loss for the year to December, thanks to a $140.8m drop in the value of its portfolio.
However, the specialist owner of industrial properties across Auckland said vacancies remained near all-time lows,
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