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Hot property market pushes CDL first-half profit up 51%

Solid performance at listed subsidiary good news for Millennium & Copthorne.

Andrew Bevin Mon, 02 Aug 2021

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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Andrew Bevin Mon, 02 Aug 2021
Contact the Writer: andrew@nbr.co.nz
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Hot property market pushes CDL first-half profit up 51%
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