THE NATIONAL PROPERTY TRUST STRATEGIC REVIEW
|
|
The National Property Trust (NAP) | 2:32 pm, Monday 10 November 2008 | NAP | 0.430 |
 0 |
(+0.00%) |
The National Property Trust Limited (NPTL), the manager of The National Property Trust (NPT) advises that it has now engaged Northington Partners to prepare a report on the value of the property portfolio if realised in the current market. The change is due to a conflict of interest with the previously announced adviser PricewaterhouseCoopers.
This report has been commissioned as part of the strategic review that NPTL is currently undertaking on NPT.
ENDS
For further information please contact:
Kevin Podmore Mobile 0212 732 723
Chairman
The National Property Trust Limited
Or
Helen Mexted DDI 04 903 4854
GM Funding & Corporate Services Mobile 0212 88 7772
St Laurence Limited
BACKGROUND
The National Property Trust (NPT) is an NZX-listed property vehicle with more than $280 million of commercial, retail and industrial properties in its portfolio. NPT owns properties in Auckland, Napier, Tauranga, Wellington and Christchurch.
Related Attachments
Please login to My NZX to view the attachment(s) for this announcement