Shanghai Pengxin turns the tables on Spark property deal
Rebuffed in a first attempt to buy a second Spark complex building, Shanghai Pengxin gets the prize at a higher price.
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Nearly three weeks after cancelling Shanghai Pengxin’s deal to buy one of the Spark [NZX:SPK] buildings in downtown Auckland, Mansons TCLM has sold the same property to the same company at a higher price.
Mansons pulled the plug on the original $68 million deal after Shanghai Pengxin, a private
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Sally Lindsay
Wed, 08 Apr 2015
Wed, 08 Apr 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Shanghai Pengxin turns the tables on Spark property deal
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