Library News Archive

NPT Elects new Independent Director to the Board

30th July 2009

The National Property Trust Limited (NPTL), the Manager of The National Property Trust, today advised that at the Annual Meeting of Unit Holders, Mr Kerry Hitchcock has been elected as new independent director to the NPTL board....

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NPT Announces Interim Result

26th November 2008

The National Property Trust (NPT) today announced a 14.1 per cent increase in distributable surplus of $4.78 million, for the six month period ended
30 September 2008....

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NPT Strategic Review Update

14th October 2008

The National Property Trust Limited (NPTL), the manager of The National Property Trust (NPT), today announced that as a result of its recent strategic review its board is exploring a number of future strategic options....

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NPT Half Year Valuation Updates

9th October 2008

The National Property Trust (NPT) today announced valuation updates for the half year to 30 September 2008 with a decrease of approximately 4.6% recorded during the period, taking the portfolio value to $280.2 million....

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NPT Sells New Plymouth Gill Street Office Property

8th October 2008

The National Property Trust (NPT) today announced that it has sold its Gill Street property in New Plymouth....

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NPT Special Meeting

30th July 2008

The National Property Trust (NPT) announced today, following the special meeting of Unit Holders to vote on resolutions to change its Trust Deed to increase the scope of Unit Holder rights and to update the structure of its management fees, that Resolutions 1, 2, 3, 5 and 6 were passed, but Resolution 4 was not passed by the requisite 75% vote....

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NPT Announces $18.43 Million Net Surplus

28th May 2008

The National Property Trust (NPT) is pleased to announce a net surplus after tax of $18.43 million for the ten month period ended 31 March 2008, including $10.9 million of revaluation gains....

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NPT Secures Glassons at Goddards Centre in Tauranga

26th May 2008

The National Property Trust (NPT) is pleased to announce that it has secured nationwide fashion retailer Glassons as lead tenant at the Goddards Centre in Tauranga, crystallising NPTs plans to transform the shopping centre into a new fashion destination for the city....

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NPT Management Fees and Trust Deed Update

9th April 2008

The National Property Trust Limited (NPTL), the manager of The National Property Trust (NPT), has confirmed that the review of the Trust’s existing management fee structure and Trust Deed has now been completed....

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NPT Announces Interim Profit of $11.43M

29th January 2008

The National Property Trust (NPT) today announced an increase in net surplus after tax and asset revaluations for the six months ended 30 November 2007 to $11.43 million, up from the $5.23 million recorded in the previous corresponding period....

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NPT Records Valuation Updates

21st December 2007

The National Property Trust (NPT) today announced draft valuation updates for the half year to 30 November 2007, with revaluation gains in the period of approximately 3.6% taking the portfolio value to $313.4 million....

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NPT Records Valuation Updates

21st December 2007

The National Property Trust (NPT) today announced draft valuation updates for the half year to 30 November 2007, with revaluation gains in the period of approximately 3.6% taking the portfolio value to $313.4 million....

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NPT Receives Offer For Logical CSI House Above Valuation

13th December 2007

The National Property Trust (NPT) is pleased to announce that it has received an unconditional offer for its Logical CSI House in Willis Street, Wellington....

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NPT Registers as a PIE

26th November 2007

The National Property Trust (NPT) is pleased to advise that it has registered as a Portfolio Investment Entity (PIE)....

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NPT Successfully Passes Resolution To Convert CPUs

12th November 2007

The National Property Trust (NPT) is pleased to advise that a resolution was successfully passed to convert approximately 34.9 million convertible preference units (CPUs) into ordinary units....

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NPT Commences Marketing of Office Building in Gill Street, New Plymouth

24th October 2007

The National Property Trust (NPT) has commenced marketing its prime office block in Gill Street, New Plymouth, appointing CB Richard Ellis as lead agent....

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NPT - Intended Property Sales, Conversion of CPUs and Repayment of Capital Notes

21st September 2007

The National Property Trust (NPT) made the following announcements today:

Intended Property Sales

The NPT Board announced its intention to sell three of its non-strategic properties located in Auckland, Wellington and New Plymouth....

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The National Property Trust Appoints New General Manager

17th May 2007

The National Property Trust (NPT) is pleased to announce the appointment of John Crone as the Trust’s new General Manager, a newly formed position for the Trust....

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Successful Capital Raising For The National Property Trust

19th July 2006

PRESS RELEASE - The National Property Trust has successfully raised approximately $35 million of additional capital in its pro-rata renounceable issue of convertible preference units (CPUs), the Manager announced today....

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