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Auckland Council selling $58m service centre to Asset Plus

The council is selling to fund more local service centres and save on maintenance.

Andrew Bevin Tue, 30 Apr 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Augusta managed company Asset Plus has agreed to buy an Auckland Council building for $58 million.

The sale of 35 Graham St is expected to settle on June 28, conditional on the approval of the NZX listed company’s shareholders at a meeting in early June.

The 9990sq m building is used as a

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Andrew Bevin Tue, 30 Apr 2019
Contact the Writer: andrew@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Auckland Council selling $58m service centre to Asset Plus
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