The Business Behind the Things You Buy - Property for Industry's Craig Peirce

Before a product reaches you, it has to be made, stored, and shipped. The buildings where that happens are a bigger part of the economy than most people realise.Craig Peirce, Chief Finance and Operating Officer at Property for Industry, joins Joseph Shuker on the Opening Bell podcast. PFI is an industrial property company listed on the NZX, owning more than 90 properties valued at over two billion dollars. Warehouses, distribution centres, and manufacturing facilities for some of the biggest names in New Zealand business.Craig talks us through why their recent two hundred million dollar bond raise came in oversubscribed, what goes into turning ageing industrial sites into modern Green Star buildings, how industrial property stacks up against residential as an investment, and what thirty-two consecutive years of growing dividends says about the business.