Arvida Provides Sales Update for 1QFY21

  • Jul 14, 2020 NZST
  • Team Kalkine
Arvida Provides Sales Update for 1QFY21

Arvida Group Limited (NZX:ARV) has reported good set of numbers despite of Alert Level 4 restrictions. The sales activity in the month of May has been encouraging.

  • On an overall basis, $5.0 million of gains were achieved on 44 settlements in 1QFY21 compared to $4.8 million on 61 settlements in 1QFY20;
  • Pricing achieved for resales settled in the quarter ended 30 June 2020 was on average 3% ahead of unit values assumed by the independent valuers as at 31 March 2020.


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