ACC adds to Asset Plus stake with capital return in the offing
Shares trading at discount as property company cashes up.
An artist's impression of the Asset Plus development at Monroe Lane, Albany.
Fund manager ACC has boosted its stake in property company Asset Plus as a potential capital return looms next year.
A disclosure to the NZX today showed ACC bought a further 5 million shares for $1.2 million to take its holding to 14.5%, adding to previous purchases totalling 4.4% in May, June,
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