{"id":118470,"date":"2020-09-04T03:34:00","date_gmt":"2020-09-03T20:34:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-for-industrys-net-profit-drops-66-as-valuation-rise-turns-to-fall-revenue-up\/"},"modified":"2020-09-04T05:02:50","modified_gmt":"2020-09-03T22:02:50","slug":"property-for-industrys-net-profit-drops-66-as-valuation-rise-turns-to-fall-revenue-up","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-for-industrys-net-profit-drops-66-as-valuation-rise-turns-to-fall-revenue-up\/","title":{"rendered":"Property For Industry's net profit drops 66% as valuation rise turns to fall, revenue up"},"content":{"rendered":"


\nNZX-listed landlord Property For Industry, with $1.47 billion of real estate, pushed up revenue but recorded a 66 per cent fall in its half-year net profit after tax because of real estate valuation writedowns.Last year’s $46.3…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Property For Industry’s net profit drops 66% as valuation rise turns to fall, revenue up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NZX-listed landlord Property For Industry, with $1.47 billion of real estate, pushed up revenue but...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118470","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uOO","jetpack-related-posts":[{"id":109834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-half-year-net-profit-slips-4-as-valuation-gains-ease-expenses-rise\/","url_meta":{"origin":118470,"position":0},"title":"Summerset half-year net profit slips 4% as valuation gains ease, expenses rise","date":"August 13, 2019","format":false,"excerpt":"\r Summerset Group reported a 4 per cent drop in net profit to $92.6m due mainly to less spectacular property revaluations, rising expenses and increasing finance costs.Total revenue from the retirement business rose 13 per cent from...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset half-year net profit slips 4% as valuation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123252,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investores-net-profit-drops-34-1m-after-valuers-take-less-optimistic-view-of-bulk-retail-properties\/","url_meta":{"origin":118470,"position":1},"title":"Investore's net profit drops $34.1m after valuers take less optimistic view of bulk retail properties","date":"November 16, 2021","format":false,"excerpt":"\r Valuation changes pushed specialist listed retail landlord Investore Property's half-year profit down $34.1m and the company cited future costs from the Government-forced rent abatements.The large-format retail real estate landlord...\r \r Source : nzherald.co.nz\/Property\r Read more...Investore's net profit drops .1m after valuers take less optimistic view of bulk retail properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-profit-drops-66-percent-on-flat-residential-market\/","url_meta":{"origin":118470,"position":2},"title":"Metlifecare profit drops 66 percent on flat residential market","date":"February 26, 2018","format":false,"excerpt":"\r A less rampant real estate market pushed down Metlifecare's net profit after tax by nearly 66 per cent but that was not reflective of the business making more revenue.The retirement giant made $56.5 million net profit after tax...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare profit drops 66 percent on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stride-property-groups-net-profit-drops-67-per-cent\/","url_meta":{"origin":118470,"position":3},"title":"Stride Property Group's net profit drops 67 per cent","date":"June 23, 2020","format":false,"excerpt":"\r Valuation declines from Covid-19 pushed Stride Property Group's net profit after tax down 67 per cent from last year's $76.2 million to $25.3m yet net rental income rose $1.8m.The business with properties valued at $996.1m has just...\r \r Source : nzherald.co.nz\/Property\r Read more...Stride Property Group's net profit drops 67\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114495,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/summerset-group-profit-drops-18-after-retirement-unit-delivery-rate-falls\/","url_meta":{"origin":118470,"position":4},"title":"Summerset Group profit drops 18% after retirement unit delivery rate falls","date":"February 25, 2020","format":false,"excerpt":"\r Profit from retirement giant Summerset Group fell 18 per cent in the latest half-year due to unrealised investment property valuation changes reflecting fewer units developed.Summerset made $175.3m net profit after tax for the half-year...\r \r Source : nzherald.co.nz\/Property\r Read more...Summerset Group profit drops 18% after retirement unit delivery rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nzs-biggest-mall-owner-scentre-group-reports-a400-4m-profit-after-previous-value-drops\/","url_meta":{"origin":118470,"position":5},"title":"NZ's biggest mall owner Scentre Group reports A$400.4m profit after previous value drops","date":"August 24, 2021","format":false,"excerpt":"\r ASX-listed Scentre Group, with a A$13.2b billion ($13.8b) market capitalisation, has declared a A$400.4 million half-year profit compared to a A$3.61b loss when it absorbed a big property portfolio valuation drop.New Zealand's largest...\r \r Source : nzherald.co.nz\/Property\r Read more...NZ's biggest mall owner Scentre Group reports A0.4m profit after previous\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118470"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118470"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118470\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}