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The latest update is out from Property For Industry Limited ( (NZ:PFI) ).
Craigs Investment Partners Limited has disclosed that it has become a substantial product holder in Property For Industry Limited, accumulating 25,228,044 ordinary shares. This stake represents 5.02% of PFI’s total shares on issue, giving Craigs a notable institutional position in the industrial property landlord.
The holding arises from Craigs’ role as a discretionary investment manager and as manager of two Smartshares equity funds, which together control the voting and disposal rights over the PFI shares. The move underscores continued institutional investor interest in PFI’s industrial property exposure and may enhance liquidity and market visibility for the stock.
More about Property For Industry Limited
Property For Industry Limited is a New Zealand-listed property company focused on owning and managing industrial real estate assets. Its portfolio primarily comprises industrial properties and related facilities, providing exposure to the warehousing, logistics, and manufacturing sectors across key regional markets in New Zealand.
Average Trading Volume: 349,134
Technical Sentiment Signal: Buy
Current Market Cap: N$1.17B
Learn more about PFI stock on TipRanks’ Stock Analysis page.