CDI reports no adverse effects from Auckland floods
Level 13, 280 Centre, 280 Queen Street,
P. O. Box 3248, Auckland 1140, New Zealand
Ph (09) 353 5005 Fax (09) 309 3244 Email: admin@cdli.co,nz
S T O C K E X C H A N G E A N N O U N C E M E N T
Date 7 February 2023
Subject CDL INVESTMENTS REPORTS NO ADVERSE EFFECTS FROM
AUCKLAND FLOODS
NZX-listed property developer CDL Investments New Zealand Limited (NZX:CDI) reports
that none of its residential or industrial subdivisions in Auckland have been adversely
affected by the recent weather events and consequential flooding in Auckland over the last
two weeks.
CDI Managing Director Jason Adams said that Management had carried out site inspections
at each of its Auckland locations.
“Save for some minor tidying up on site, we are very fortunate that our sites escaped major
damage from the recent flooding. We have not needed to make any insurance claims and
we’re pleased that our stormwater management systems for our sites worked well”, he said.
“Our thoughts go out to everyone who have been affected over the past fortnight”.
-ENDS-
Issued by CDL Investments New Zealand Limited
Enquiries to:
Jason Adams, Managing Director
(09) 353 5058
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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