Argosy - FY24 Result — Paddling Fast to Stand Still
The result was boosted by NZ$2.3m of maintenance capex that had been expensed in the prior period, being deemed to be recovered/income upon sale of...
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Argosy - 1H24 Result — Smooth Sailing for Now
Argosy (ARG) reported a solid 1H24 result, broadly in line with 1H23 when normalising for one-offs in the prior period. Higher interest costs were...
277 Views
Real Estate Reflections -Another Tough Month
The listed property sector continues to struggle. Sticky inflation is pushing out expectations for interest rate relief and the softer economic...
170 Views
Real Estate Reflections - Looking for a Silver Lining
The listed property vehicle (LPV) sector has had a difficult first five months of the year, materially underperforming the broader market.
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Real Estate Reflections - Taxing Times
April was a tough month for listed property vehicles (LPVs) as sticky inflation once again sent interest rates higher. The NZ 10 year swap rate is...
203 Views