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:

THL - FY26 Interim Results: underlying NPAT up 11%, 3cps dividend
FPH updates FY26 revenue and earnings guidance
February 23rd Morning Report
February 20th Morning Report
SCL - Chief Financial Officer Transition
BLS - Strong YTD performance
CEN announces opening of NZ$75 million Retail Offer
AIA - 1H26 Interim Results
February 19th Morning Report
TWL - Share Purchase Plan Results