Misc

National Property Trust raises more cash

National Property Trust (NPT) has raised another $5.9 million to repay debt and boost cash reserves.

Monday, October 25th 2004

The Christchurch listed property trust raised the money from institutional investors from the issue of 6.7m units at 88 cents, a slight discount to Monday's closing price of 92c.

NPT is also planning to issue another 9m new units to pay for the $11.4m purchase of two buildings in New Plymouth and Auckland.

Executive chairman Paul Dallimore said there was good institutional demand for the 6.7m units that were issued yesterday.

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Property investors refocus on cash flow

Unity First Home Buyer special	3.99
SBS FirstHome Combo	3.99
ICBC	4.25
Co-operative Bank - First Home Special	4.39
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49

TSB Special	4.00
Kainga Ora	4.49
Kiwibank Special	4.49
ICBC	4.59
Unity Special	4.65
ANZ Special	4.69
SBS Bank Special	4.69
Nelson Building Society	4.69
BNZ - Std	4.69
Westpac Special	4.75
AIA - Go Home Loans	4.75

ICBC	4.99
Kainga Ora	5.15
SBS Bank Special	5.29
Westpac Special	5.29
BNZ - Std	5.29
Kiwibank Special	5.39
TSB Special	5.39
Co-operative Bank - Owner Occ	5.49
BNZ - Classic	5.59
ASB Bank	5.69
AIA - Go Home Loans	5.69

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.65
Kainga Ora	5.69

Misc

National Property Trust raises more cash

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