Promisia Integrative Limited (NZX: PIL) has finished its acquisition of aged care facilities from the Brankin Family Trust and is an operator in the NZ aged care sector now. The Company has also confirmed the terms of debt funding with a non-bank lender, Senior Trust Retirement Village Income Generator Limited.
* Auckland Building Consents Surpasses $1 Billion As per Stats NZ, the monthly value of building consents issued in Auckland surpassed $1 billion. In September 2020, New Zealand consented to 3,605 new homes, with Auckland accounting for 1,734. This was the record number of monthly new homes consented in Auckland since October 2002, and nationally since May 2019.
* General Finance Limited Reports its Quarterly Numbers General Finance Limited, a subsidiary of General Capital Limited (NZX: GEN), has reported its quarterly report for the quarter ended 30 September 2020. The assets of General Finance have continued to grow and it has remained profitable during a challenging economic period.