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Property For Industry Limited ( (NZ:PFI) ) has provided an announcement.
Property for Industry director Jeremy Simpson has increased his beneficial stake in the industrial property landlord through an on-market purchase. The acquisition of 25,000 ordinary shares for $55,125 lifts his holding from 100,000 to 125,000 shares, signalling additional board-level alignment with shareholders.
The transaction, executed on 2 April 2026 and held via Forsyth Barr Custodians, was disclosed under Financial Markets Conduct Act requirements. While modest in scale relative to PFI’s $2 billion portfolio, the purchase underscores continuing insider confidence in the company’s industrial property strategy and long-term investment approach.
More about Property For Industry Limited
Property for Industry Limited is an NZX-listed industrial property specialist with a portfolio of more than 90 properties valued at over $2 billion. The company focuses on strategically located industrial assets that support value and growth for tenants and investors, and it has built a long-term track record of delivering consistent returns since listing in 1994.
Average Trading Volume: 307,636
Technical Sentiment Signal: Buy
Current Market Cap: N$1.12B
Find detailed analytics on PFI stock on TipRanks’ Stock Analysis page.