Building Weekly
Building weekly New Zealand Housing activity robust (REINZ, Sep.): House sales down -0.6% mom, +4.5% yoy (previous -6.1% mom, -3.6% yoy). Days to...
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Building Consents: NZ Consents — What Slowdown?
Building Consents NZ Consents — What Slowdown? Residential consents have remained strong through 2019 despite relatively widespread concerns that...
1.2k Views
Building Weekly
Building weekly New Zealand Signs lower rates are benefitting the house market (REINZ, Aug.): House sales up +5.2% mom, -6.1% yoy (previous +4.9%...
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DuluxGroup’s Attractive Bid from Nippon Paint
DuluxGroup Ltd (DLX AU) is Australia’s largest player in the decorative paint market, with well-known brands Dulux in paints and Selleys in...
935 Views
Corporate Action: Fletcher’s Equity Raise Dilutes Owners, but Tames Risk; Take Up Rights Offering
We’ve reduced our fair value estimate for no-moat Fletcher Building Ltd (FBU NZ) to NZD 7.00 (AUD 6.60) from NZD 7.50 (AUD 7.00) following the...
238 Views