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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
2 mins to read

Residential property developer confident of riding out economic downturn

But CDL Investments is not predicting an 11th consecutive year of profit growth.

CDL Investments, one of the country’s long-term residential property developers, told shareholders today at its annual meeting that it is already starting to see the signs of rising unemployment and a struggling economy on the housing market.

The listed developer is 66.25% owned by Millenium &

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Fiona Rotherham Tue, 26 May 2020
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Residential property developer confident of riding out economic downturn
Property,
83751
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