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Property
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Asset Plus sells Christchurch mall for $43m

The money will be used to pay down debt ahead of major Auckland office developments.

Andrew Bevin Mon, 22 Feb 2021

NZX-listed Asset Plus has sold the Eastgate Shopping Centre in Christchurch for $43.5 million to free up its balance sheet for a hefty redevelopment pipeline.

The shopping centre will be sold to an unidentified New Zealand private investor between August 22 and February 22.  Asset Plus said the

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Andrew Bevin Mon, 22 Feb 2021
Contact the Writer: andrew@nbr.co.nz
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Asset Plus sells Christchurch mall for $43m
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