CDL Investments New Zealand (NZE:CDI) said its R2 Growth Cell and Arataki Road project developments will be included in the fast-track approvals bill currently going through New Zealand Parliament, according to a Monday filing with the New Zealand bourse.
If approved, the land developer would have a pipeline of development projects in Hamilton and Havelock North to meet growing demand in those areas, the filing stated.
CDL Investments shares rose almost 1% in recent Monday trade.
Price (NZD): $0.75, Change: $+0.01, Percent Change: +0.67%