Augusta Capital Ltd said today its subsidiary, Augusta Funds Management Ltd, would buy the 12-tenant Albany Lifestyle Centre from Argosy Property Ltd for $89 million and place it in a new investment fund.
Auckland Transport functions; Also: Campground’s future, subdivision names, city land sale
Bayleys sold 7 of the 11 properties taken to auction on Wednesday, in its third Total Property campaign of the year. Another property was sold prior and 2 were withdrawn from the auction.
What’s going on in your neck of the woods? Or one you’ve been thinking of investing in? Or one you didn’t know was undergoing change which might significantly alter values, or prospects?
Auckland Council property company Panuku Development Auckland closes the expressions of interest process for its Unlock Takapuna urban regeneration project today.
Colliers sold 4 commercial properties in 2 auctions on Wednesday, starting with an Eden Terrace redevelopment prospect which attracted 5 bidders.