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Argosy Property Ltd (ARG.NZ)

ARG.NZ on New Zealand Stock Exchange

1.01NZD
26 May 2017
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Wed, May 24 2017

BRIEF-Argosy Property posts FY net property income of NZ$ $99.5 mln

* FY net property income increased by $1.1 million to $99.5 million, a 1.2 pct increase on prior year

BRIEF-Argosy Property restructures syndicated bank facility

* Restructured its syndicated bank facility with ANZ Bank New Zealand , Bank of New Zealand and Hong Kong and Shanghai Banking

BRIEF-Argosy Property agrees 9-Year Lease at 82 Wyndham Street

* Argosy is completing an extensive $9 million refurbishment of entire building Source text for Eikon: Further company coverage:

BRIEF-Argosy Property disposes non core property

* Disposed of non core industrial property at 67 Dalgety Drive in Manukau, Auckland for $6.85 mln

BRIEF-Argosy Property provides New Zealand Post House earthquake damage update

* Loss of rents for current year would have a net after tax impact of about NZ$1.85m, or 0.23 cents per share in period to 31 March

BRIEF-Argosy property divests vacant land in Albany

* Entered into an agreement to dispose of 14,600 square metres of vacant land at 258 oteha valley road in albany for $11.65 million

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