New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Auckland Airport (AIA) has selected Lagardère as its new single duty-free concessionaire with an eight-year deal.</li><li>We expect the effective concession yield is similar to the existing concession held by its own JV entity, LagardèreAWPL.</li><li>Consequently, the outlook for AIA's retail income is unlikely to benefit from a step-up, as has been the case historically with new duty-free concessions. </li></ul>

Auckland Airport (AIA) has selected Lagardère as its new single duty-free concessionaire with an eight-year deal.We expect the effective concession yield is similar to the existing concession held by its own JV entity, LagardèreAWPL.Consequently, the outlook for AIA's retail income is unlikely to benefit from a step-up, as has been the case historically with new duty-free concessions. 

Auckland Airport - Lagardère ​​​​​​​Layover Extended

Auckland Intl Airport

Auckland Airport - Lagardère Layover Extended

Auckland Intl Airport

Auckland Airport - Lagardère ​​​​​​​Layover Extended

Auckland Airport - Lagardère Layover Extended