Colliers has reported 6 sales around Auckland and another 14 south of the Bombays and in the South Island, some dating back a few months.
At the Upper Harbour Local Board community forum on Thursday, Albany Estate Ltd (Duoyu Bei, of Bei Group Ltd & Rong Holdings Ltd) will outline its plans for the development of 257 apartments, 197 houses & a retirement village to be built in stages at 473 Albany Highway.
Bayleys agents on the North Shore have sold a vacant unit in the Foundation neighbourhood centre at Albany and a Rosedale warehouse, and signed 4 leases at Albany, Silverdale & in the Wairau Valley.
Bayleys agents on the North Shore have signed up 5 commercial leases in Albany, Rosedale, Silverdale & Takapuna, and the sale of half a hectare in 4 lots at the Gateway Park subdivision in Dines Fulton Hogan’s Gateway Park at Pokeno.
A Wairau Junction café has been sold at the strongest yield since the development’s selldown in 2013.
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.