DNZ board wants 27 boost to director fee pool

DNZ Property Fund, which is raising $80 million to help fund two new acquisitions, will ask shareholders to boost the directors' fee pool by 27 percent, with the board having presided over a surging share price since the diversified property investor listed in 2010. The Auckland-based property investor wants shareholders to raise the pool to $375,000 for the 2014 and 2015 March years from ...