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>Infratil (IFT) and CDC hosted an upbeat investor presentation and site tour at its nearly completed Eastern Creek campus in Sydney.</li><li>Encouragingly, CDC indicated its recent equity raise (A$500m), supportive debt syndicate, and rapidly growing free cash flow from operating data centres should be sufficient to fund current growth ambitions.</li><li>Retain OUTPERFORM.</li></ul>

Infratil (IFT) and CDC hosted an upbeat investor presentation and site tour at its nearly completed Eastern Creek campus in Sydney.Encouragingly, CDC indicated its recent equity raise (A$500m), supportive debt syndicate, and rapidly growing free cash flow from operating data centres should be sufficient to fund current growth ambitions.Retain OUTPERFORM.

Infratil

Infratil CDC Gets Even More Bullish