Hot property market pushes CDL first-half profit up 51%
Solid performance at listed subsidiary good news for Millennium & Copthorne.
An elevated New Zealand property market pushed NZX-listed property investor CDL investments’ first-half profit up 51%.
The Millennium & Copthorne Hotels NZ-controlled company develops and markets sections and subdevelopments across New Zealand.
It posted a first-half profit of $20.75
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