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Financiers, taxpayers take hit on sale of The Mall

Chris Hutching for NBR NZ Property Investor
Tue, 18 Sep 2012

The yield on the sale of Upper Hutt’s The Mall was in the mid-teens, according to sources close to the sale.

NBR NZPI understands The Mall sold for $18 million after a marketing campaign by Colliers brokers Bill Leckie and John Goddard.

They sold the property at Main St, Logan St and Queen St on

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Chris Hutching for NBR NZ Property Investor
Tue, 18 Sep 2012
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Financiers, taxpayers take hit on sale of The Mall
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