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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.

Sally Lindsay
Wed, 08 Apr 2015

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
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Shanghai Pengxin turns the tables on Spark property deal
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