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>Port of Tauranga (POT) has sold its Neilson Street &#8216;Gateside&#8217; property adjacent to MetroPort in Auckland for NZ$88.7m, creating an immaterial loss relative to book value (NZ$89.3m).</li><li>It bought the site in February 2014 for NZ$37.2m.</li><li>POT&#8217;s remaining asset held for sale is its Rolleston property near Christchurch, which has a book value of NZ$57.5m.</li></ul>

Port of Tauranga (POT) has sold its Neilson Street &#8216;Gateside&#8217; property adjacent to MetroPort in Auckland for NZ$88.7m, creating an immaterial loss relative to book value (NZ$89.3m).It bought the site in February 2014 for NZ$37.2m.POT&#8217;s remaining asset held for sale is its Rolleston property near Christchurch, which has a book value of NZ$57.5m.

Port of Tauranga (POT) - Nielsen Street Property Divestment