Argosy Property traded at 1.18 this Tuesday February 3rd, increasing 0.01 or 0.43 percent since the previous trading session. Looking back, over the last four weeks, Argosy Property gained 4.07 percent. Over the last 12 months, its price rose by 14.56 percent. Looking ahead, we forecast Argosy Property to be priced at 1.15 by the end of this quarter and at 1.08 in one year, according to Trading Economics global macro models projections and analysts expectations.
Argosy Property Limited invests in and manages properties, including industrial, office and retail properties throughout New Zealand. The Company's segments include Industrial, Office and large format retail. The Company owns a portfolio of industrial, office and retail properties in Auckland and Wellington. The Company's industrial portfolio consists of approximately 38 buildings throughout New Zealand, and includes distribution centers, logistics warehouses, as well as numerous other corporate and owner-operated businesses. Its office portfolio includes houses government departments, as well as New Zealand and international businesses. The Company's properties in Auckland are located in areas, including Manukau, East Tamaki, Panmure, Albany, Mangere, and Henderson. Its properties in Wellington are located in areas, including Kaiwharawhara, Seaview and Grenada North.