New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>One-offs boost FY23 result, portfolio metrics remain healthy: ARG reported FY23 adjusted funds from operations (AFFO) +20%</li><li>DPS guidance in line supported by hedge book rejigging: ARG guided to FY24 DPS of 6.65cps, flat on FY23 and in line with our expectations.</li><li>Asset sales earmarked to fund development plans: ARG's portfolio devaluation of -NZ$147m lifted gearing to 35%, the middle of its 30–40% target range. </li></ul>

One-offs boost FY23 result, portfolio metrics remain healthy: ARG reported FY23 adjusted funds from operations (AFFO) +20%DPS guidance in line supported by hedge book rejigging: ARG guided to FY24 DPS of 6.65cps, flat on FY23 and in line with our expectations.Asset sales earmarked to fund development plans: ARG's portfolio devaluation of -NZ$147m lifted gearing to 35%, the middle of its 30–40% target range. 

Argosy: FY23 Result — Drifting With the Tide

Argosy Property

Argosy: FY23 Result — Drifting With the Tide