Asset Plus Ltd shareholders voted overwhelmingly today to approve the $58 million acquisition of the Auckland Council property at 35 Graham St, above Fanshawe St and overlooking the Viaduct in central Auckland.
Augusta Capital Ltd more than doubled profit in the March year as it continues developing as a funds manager.
Augusta Capital Ltd said today its subsidiary, Augusta Funds Management Ltd, would buy the 12-tenant Albany Lifestyle Centre from Argosy Property Ltd for $89 million and place it in a new investment fund.
Auckland Council signed a conditional agreement on Monday to sell its office building at 35 Graham St in the central city to NZX-listed Asset Plus Ltd for $58 million.
Queenstown Lakes District Council appointed a Melbourne/Auckland consortium as preferred bidder on Friday to develop the Lakeview site in Queenstown.
Augusta Capital Ltd’s Augusta Industrial Fund has closed oversubscribed again, this time with $115 million raised.