PFI's profit halved by property revaluations slowing
Valuations were up just 3.7% at $43.6 million compared with an 8.9% lift the year previously.
Hot Topic
EARNINGS
Lower growth in property revaluations bit into Property For Industry’s (PFI) full-year results in a year when it internalised management and paid no tax.
The listed industrial property company’s net profit more than halved to $51.7 million last year, compared with $123.4 million a year
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Smartphone Only Annual Subscription
NZ$249.00 / yearly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Subscription
NZ$29.95 / monthly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Sally Lindsay
Mon, 12 Feb 2018
Mon, 12 Feb 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
PFI's profit halved by property revaluations slowing
73290