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Property for Industry Completes Sale of Two Industrial Assets

Story Highlights
  • Property for Industry Limited has settled the sale of two industrial properties in Christchurch and New Plymouth.
  • These divestments support PFI’s strategy of refining its portfolio toward higher-value, strategic industrial assets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Property For Industry Limited ( (NZ:PFI) ) has shared an announcement.

Property for Industry Limited has completed the sale of two industrial properties located at Foremans Road in Christchurch and at Smart Road and Constance Street in New Plymouth. The divestments, previously signalled in February, form part of the company’s ongoing portfolio management strategy and are expected to support a continued focus on higher-value, strategically positioned industrial assets for its stakeholders.

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 across New Zealand, aiming to deliver long-term, consistent returns for tenants and investors through active portfolio management and sector-specific expertise.

Average Trading Volume: 300,241

Technical Sentiment Signal: Buy

Current Market Cap: N$1.13B

For detailed information about PFI stock, go to TipRanks’ Stock Analysis page.

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