Argosy Property Ltd has sold 2 properties in Hastings & Palmerston North, reducing assets outside its core Auckland & Wellington markets to 3, and it’s added an industrial yard in Wiri (outlined in picture above) to the Auckland portfolio.
Turners Ltd opened a $25 million offer of 2-year 6.5% secured convertible bonds on Monday, with the ability to accept up to $5 million in oversubscriptions.
Turners buys Wiri property for anticipated business growth – Ryman buys at Hobsonville – Metlifecare unconditional on Red Beach site – New alliance between Auckland & Napier ports – Stride acquisition of 2 Westfield malls gets OK
The Emerald Gisborne Property Trust, which changed its name from Dorchester Property Trust last August, has sold the last of the 4 properties it held when parent NZX-listed company Dorchester Pacific Ltd ended its moratorium in 2010.
5 apartments sell at Ray White auction – Turners buys second property for truck & machinery business – On the move & 2 auction stories – And this morning’s Reserve Bank announcement on the official cashrate
Dorchester Hotel Property Trust Management Ltd has sold its biggest asset to a party related to a director as unitholders head to a meeting called by 2 disenchanted investors.