Auckland Council and Asset Plus extend Albany development conditions
The development was put at risk after rights issue was crushed by market volatility.
Andrew Bevin
Mon, 30 Mar 2020
Asset Plus has convinced Auckland Council to extend conditions attached to their $127.5 million development in Albany in the wake of the Covid-19 lockdown.
Two-thirds of the development’s 15,100sq m of tenantable area will be leased by the council for 15 years from completion in December
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Andrew Bevin
Mon, 30 Mar 2020
Contact the Writer: andrew@nbr.co.nz
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Company profile
Auckland Council and Asset Plus extend Albany development conditions
Property,
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