BRIEF-City Developments Says Unit CDL Investments New Zealand Confident All Agreements For Sale Of Land It Currently Holds Will Settle During This Year
March 25 (Reuters) - City Developments Ltd:
* UNIT CDL INVESTMENTS NEW ZEALAND CONFIDENT ALL AGREEMENTS FOR SALE OF LAND IT CURRENTLY HOLDS WILL SETTLE DURING THIS YEAR
* UNIT SEES DELAYS IN REGULATORY SITE INSPECTIONS AND ISSUANCE OF TITLES GIVEN IMMINENT LOCK DOWN OF NON-ESSENTIAL SERVICES
* UNIT SAYS SALES ACTIVITY NOT AFFECTED BY LOCK DOWN
* UNIT ADVISED ALL OF ITS CONTRACTORS TO STOP DEVELOPMENT WORKS IMMEDIATELY Source text for Eikon: Further company coverage: