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Downtown acquisition the catalyst for development?

Chris Hutching for NBR NZ Property Investor
Wed, 03 Oct 2012

Acquisition of Auckland’s Downtown Shopping Centre may be a catalyst for office and retail development.

Stock Exchange-listed AMP NZ Office, which is changing its name to Precinct Properties NZ, bought the property for $90 million from Westfield.

Forsyth Barr analyst Jeremy Simpson

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Chris Hutching for NBR NZ Property Investor
Wed, 03 Oct 2012
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Downtown acquisition the catalyst for development?
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