Property For Industry: Christchurch property advisory

News release to New Zealand Stock Exchange

February 24, 2011

Listed industrial property investor Property For Industry (PFI) has advised that preliminary assessments of its two Christchurch properties following Tuesday’s earthquake have indicated only superficial damage.

PFI general manager Ross Blackmore said engineering inspections are continuing at the Riccarton and Hornby properties.

The Christchurch properties comprise 4 percent of PFI’s portfolio value. PFI management are in contact with tenants to assist with the resumption of normal business activities when practicable.

For further information:
Ross Blackmore, General Manager, Property For Industry
Ph 09-307 8393 or 029-307 8393
Email ross.blackmore@ampcapital.co.nz