Private Land and Property Fund (NZX: PLP) Change in Harvest Estimates

The Manager has undertaken a review of its estimated revenue from the sale of grapes for the 2021 harvest as well as for future harvests on development land. This estimate is based on the expected prices for the grapes, and the anticipated grape yield from each vineyard, and is reflected in the net asset value of the Fund.

Following that assessment, the estimated revenue has been increased, which has an impact to the net asset value of the Fund of a 0.31% increase.

This adjustment will be reflected in the unit price for 26 February 2021 and this price will be published on 2 March 2021.

Please see the link below for details:

PLP - Changes in Harvest Estimates

Source: Private Land and Property Fund

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

PEB - Chair to Seek Re-Election; Director Nominations
Devon Funds Morning Note - 16 June 2025
TRU - Key Markets Update
THL receives unsolicited non-binding offer
June 16th Morning Report
CHATHAM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Radius Care Upgrades FY26 Outlook
June 13th Morning Report
June 12th Morning Report
PGW Governance Update