Auckland-based PFI, a property developer, reported a $21.2M half-year profit with a 98.6% occupied portfolio.
Auckland-based PFI, a property developer, reported a half-year profit of $21.2M. Its industrial properties in Auckland generated cashflow, and its 98.6% occupied portfolio had no significant lease expirations in the next 12 months. PFI's portfolio is valued at $2.1B, with potential for growth as rents are reviewed. The company is committed to a minimum 5 Green Star rating for new developments.
August 26, 2024
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