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Millenniumpthorne Hotels New Zealand (NZSE:MCKPA.PFD) FFO


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What is Millenniumpthorne Hotels New Zealand FFO?

FFO (Funds from operations) only applies to REITs.


Millenniumpthorne Hotels New Zealand Business Description

Traded in Other Exchanges
Address
23 Customs Street East, Victoria Street West, Level 7, PO Box 5640,, Auckland, NZL, 1142
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The group is also involved in the residential development and sale of land in New Zealand and the development and sale of residential units in Australia. The operating segments of the group are Hotel operations which comprise income from the ownership and management of hotels; Residential land development, comprising the development and sale of land; Residential and commercial property development, comprising the development and sale of residential apartments; Investment property comprising rental income from warehouses. The majority of the revenue is generated from the Hotel operations segment. The company operates in the geographical areas of New Zealand and Australia.