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ARG - Argosy Property profile

This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.

Argosy Property


NZX code: ARG
Short name: Argosy Property
Legal name: Argosy Property Limited
Industry sector: Real Estate investment
NZX50 rank: 25 of 50
Head office address: 39 Market Place, Auckland Central, Auckland 1010
Chairman: Jeff Morrison
Chief executive: Peter Mence
Financial year ended: March
Locations: New Zealand
Auditor: Deloitte
Bankers: ANZ, BNZ, HSBC, CBA, Westpac NZ

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Financial statement history

A. Recent trading and performance summary:

NPAT Earnings
per share
fye March mln mln cents
2017 $106.8 $104 12.8
2018 $101.7 $98 11.9
2019 $106.8 $134 16.2
2020 $100.8 $119 14.4
2021 $111.5 $241 29.0

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B. Recent financial position summary:

fye March bln bln %
2017 $1.46 $0.58 60.3
2018 $1.54 $0.62 59.7
2019 $1.68 $0.67 60.1
2020 $1.93 $0.85 56.0
2021 $2.16 $0.88 59.3

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C. Recent cash flows and positions:

Cash and equiv. 
at year end
fye March mln mln mln
2017 $56.8 $56.9 $0.97
2018 $62.3 $62.0 $1.27
2019 $66.9 $66.0 $2.19
2020 $141.3 $141.6 $1.86
2021 $88.4 $88.5 $1.76

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Description of trading activities 

Argosy Property is a New Zealand property investment company. They own a portfolio of quality industrial, office and retail properties. They also manage more than 170 tenants in total.

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CEO profile

Peter Mence is an engineer by background and has 35 years of experience in the property industry. He is a fellow of the property institute and is a past lecturer in Advanced Property Management at the University of Auckland.

Chairman profile

Jeff Morrison has 40 of experience as a property lawyer. He is a trustee of the spirit of Adventure and other charitable trusts and holds a number of private company directorships.


Company website:
Investor information:
NZX listing:
Annual reports:

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