Opportune time to capitalise on the centre’s redevelopment.
Net profit rose to $250.8 million in the year ended March 31.
The Base is on a site of about 30 hectares and has a total retail floor area of 85,256sq m.
Chief executive Chris Gudgeon reveals next move.
The cash and shares proposal values the shopping mall at Te Rapa at $390 million.
The only disappointment was Centre Place North in Hamilton.
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