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PFI buys T&G property in $79.5m leaseback deal

T&G Global will use the money to further expand its strategy.

Andrew Bevin Mon, 01 Nov 2021

NZX-listed Property for Industry is buying a Hastings property owned by NZX-listed T&G Global for $79.5 million on a lease back basis.

The property covers 9.56ha, with 36,000sq m of post-harvest operations, including a packhouse, two cool stores, warehousing, and 3ha of storage yard.

The

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Andrew Bevin Mon, 01 Nov 2021
Contact the Writer: andrew@nbr.co.nz
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PFI buys T&G property in $79.5m leaseback deal
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