CDL Investments' New Zealand Projects Included in Government Fast-Track Bill

MT Newswires Live
2024-10-07

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%

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