Auckland property fund to delist from NZX
Heavily indebted, barely traded Auckland Real Estate Trust to offer investors an exit at NTA.
Auckland Real Estate Trust listed on the NZX in December 2020.
Heavily indebted property investor Auckland Real Estate Trust has announced plans to delist from the NZX and ASX, paying out minority investors at net asset value.
The Australia-based trust owns several Auckland CBD buildings including the striking Neville Price-designed 1 Albert St, previously
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