Friday 21st May 2004 |
Text too small? |
Total assets grew $187 million to $1.099 billion, up from $912 million the previous year, while investors' funds stood at $746 million, a rise of $80 million compared with $666 million as at 31 March 2003.
Revaluations of the portfolio were up $50.6 million, with the Vero Centre in Auckland worth $12 million. The recently expanded Northlands Shopping Centre in Christchurch enjoyed the biggest jump in value of $17 million to $203 million after KIP spent $91 million on the revamp.
The trust's market capitalisation, calculated by multiplying the unit price by the number of units on issue, increased a further $59 million to $723 million.
No comments yet
July 29th Morning Report
General Capital Annual Shareholders Meeting Results
MEE - Receivers and Liquidators appointed to King Honey
2 Cheap Cars Group Updates Performance Outlook for FY26
Spark announces Director changes as part of Board renewal
July 28th Morning Report
KMD Brands announces new Group Chief Financial Officer
Commerce Commission to issue SOI re Viridian application
FBU - Moody's affirms FBU Baa3/stable rating
Contact Energy FY25 Financial Results Presentation