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

Monday 1st March 2021

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.

Related News:

FreshLeaf: Cannabis on course to be 'medicine of the masses'
Arvida Group Limited (NZX: ARV) to Acquire Arena Living Retirement Living Portfolio
My Food Bag Group Limited (NZX: MFB) Market Update and HY Results Announcement Date
Harmoney Corp Limited (NZX: HMY) Delivers Record September Quarter
Vital Healthcare Property Trust (NZX: VHP) Announces Successful Completion of $115m Placement
14th October 2021 Morning Report
General Capital Limited (NZX: GEN) Completes Greenfern Listing
LISTING AND QUOTATION NOTICE: NZX MAIN BOARD - GREENFERN INDUSTRIES LIMITED
13th October 2021 Morning Report
Hotel Montreal: Patterson Family Buys Christchurch's Hotel Montreal