A Paeroa restaurant, a Whitianga building with a mix of tenancies and a Hamilton showroom have been sold by Bayleys agents.
South of Bombays
A 2-year-old building in the Tauriko business estate 10km south-west of central Tauranga, designed for honey manufacturing, has been sold at auction by Ray White Commercial at a 4.45% yield.
3 warehouses in Tauranga & the Grenada business Park in Wellington, and a retail unit in Petone were sold at Bayleys’ Total Property auctions last week.
Vital Healthcare Property Trust said today it’s signed a contract with Hawkins Construction Ltd for the first stage of a planned 3-stage redevelopment of Wakefield Hospital in Wellington.
Research, Science & Innovation Minister Megan Woods said this week the Government would inject $75 million into the Gracefield Innovation Quarter to redevelop the Hutt Valley science commercialisation site.
Bayleys agents on the North Shore have signed up 5 commercial leases in Albany, Rosedale, Silverdale & Takapuna, and the sale of half a hectare in 4 lots at the Gateway Park subdivision in Dines Fulton Hogan’s Gateway Park at Pokeno.