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New Zealand Rural Land Co - Latest News [Page 1]
New Zealand Rural Land Company Completes First Tranche Of Orchard Land Acquisition In Otago
Monday, 11 November 2024, 8:32 am | New Zealand Rural Land Co
The initial purchase was settled on Friday 8 November in part with $3.5m of NZL shares, issued at $1.58/sh (net asset value per share following the sale of a 25% interest in NZL’s portfolio) - 2,215,190 shares. More >>
New Zealand Rural Land Company’s HY24 Result Delivers Income Growth And Dividend Resumption
Sunday, 15 September 2024, 12:35 am | New Zealand Rural Land Co
New Zealand Rural Land Co (NZL.NZX) has today announced a net profit after tax of $12.4m for the six months ending 30 June 2024 (HY24 end), up from $2.5m for the same period last year, and Adjusted Funds From Operations (AFFO) of $3.6m. More >>
New Zealand Rural Land Company Announces FY23 Results
Thursday, 29 February 2024, 9:23 am | New Zealand Rural Land Co
New Zealand Rural Land Company (NZL:NZX) has today announced a net profit after tax of $10.9m and Adjusted Funds From Operations (AFFO) of $6.0m for the year ended 31 December 2023. [1] Co-founder and NZRLM director Richard Milsom said, “This ... More >>
New Zealand Rural Land Company Sells 25% Of Assets To Roc Partners
Friday, 19 January 2024, 9:10 am | New Zealand Rural Land Co
Australia-based, specialist private markets investment manager Roc Partners is to acquire 25% of the portfolio of rural land assets of New Zealand Rural Land Company (NZX: NZL) for approximately NZD$44M. NZL owns 14,487 hectares (35,798 acres) of ... More >>
New Zealand Rural Land Company (NZL:NZX) HY23
Friday, 25 August 2023, 8:58 am | New Zealand Rural Land Co
New Zealand Rural Land Co (NZX: NZL) is pleased to announce its financial results for the six months ended 30 June 2023. NZL recorded a net profit after tax of $2.5m for the period and adjusted funds from operations (AFFO) of $2.7m. NZL owns 14,487 ... More >>
New Zealand Rural Land Company Completes Manawatu-Whanganui Forestry Purchase
Monday, 17 April 2023, 8:42 am | New Zealand Rural Land Co
New Zealand Rural Land Company Limited (NZX.NZL) has successfully completed the acquisition of a forestry estate located in Manawatu-Whanganui in the North Island. The estate comprises five individual properties with a total area of approximately ... More >>
New Zealand Rural Land Co FY22 Year Results Demonstrate Resilience
Wednesday, 1 March 2023, 9:45 am | New Zealand Rural Land Co
New Zealand Rural Land Co (NZX: NZL) has recorded a net profit after tax of $5.3M for the financial year ended 31 December 2022 along with a further increase in the value of its property portfolio. The results cover the period 1 July 2022 – 31 ... More >>
FY22 Results: New Zealand Rural Land Co Exceeds Expectations
Friday, 26 August 2022, 10:56 am | New Zealand Rural Land Co
New Zealand Rural Land Co (NZX: NZL) has delivered a record net profit after tax of $39.7M for FY22, up from $15.1M on the prior year. Announcing its audited FY22 earnings and outlook today, NZL confirmed a net asset value per share (NAV) ... More >>
