An apartment in a downtown block where remediation is expected to start this year was sold at City Sales’ auction today, but a unit in another block with remediation pending was passed in after 2 bids.
3 of the 9 apartments auctioned at Ray White City Apartments yesterday – in Sapphire, 96 on Symonds & Siena Terraces – were sold under the hammer.
The 2-year task of reinstating Albert St began last week while, over at Britomart, excavation for the city rail link tunnel can now proceed at full speed.
Major commercial property owner – and nowadays developer – Precinct Properties NZ Ltd lifted its net profit after tax for the year to June by 57.2% to $254.9 million.
An 1100m² central city corner – part of the site of the NZ Herald for over 150 years – has been sold for $31 million at a land value of $28,181/m².
Asset Plus Ltd (the former NPT Ltd) has confirmed that SkyCity Entertainment Group Ltd settled its purchase of the AA Centre, on the corner of Victoria & Albert Sts in central Auckland, last Thursday.