PFI directors boost holdings in bonds and shares

Property For Industry Limited ( (NZ:PFI) ) just unveiled an update.

Property for Industry has disclosed that director Jeremy Simpson acquired 80,000 PFI040 senior secured fixed-rate bonds for $80,000, increasing his fixed-income exposure alongside an existing holding of 125,000 PFI ordinary shares. The bonds are held beneficially via Forsyth Barr Custodians, signalling additional director alignment with the company’s capital structure and funding instruments.

Fellow director Murray Jordan has reported an on-market purchase of 77,420 PFI ordinary shares for $170,319.06, establishing a new beneficial equity stake held through Investment Custodial Services. The fresh shareholding enhances board skin-in-the-game for equity investors and may be viewed positively by the market as a vote of confidence in PFI’s industrial property strategy and long-term performance.

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 well-located industrial assets that support tenants in strategic sectors and aims to deliver long-term, consistent returns for investors through disciplined capital deployment and sector expertise.

Average Trading Volume: 321,378

Technical Sentiment Signal: Buy

Current Market Cap: N$1.13B

For a thorough assessment of PFI stock, go to TipRanks’ Stock Analysis page.