Latest CDL Investments New Zealand (NZX:CDI) News

CDL Investments New Zealand reported a modest profit decline for the first half of 2026, reflecting ongoing residential market challenges, while securing a $20 million credit facility to support future development.

CDL Investments New Zealand (NZX: CDI) has secured Fast-track referral approval for its Middle Road residential development in Havelock North, paving the way for up to 350 new homes and reinforcing its Hawke’s Bay growth pipeline.

CDL Investments reported a 28% drop in 2025 profit amid subdued New Zealand residential property conditions but advanced major projects and secured fast-track consents. The company expects a tougher 2026 with lower earnings due to ongoing economic and geopolitical uncertainties.