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SkyCity

SkyCity says insurers to cover convention centre fire costs

Tuesday 26 November 2019 by Bob Dey

SkyCity Entertainment Group Ltd said today its insurers had confirmed that the company’s contract works insurance policy “will respond” in relation to damage to the NZ International Convention Centre & adjoining Horizon Hotel from the fire on 22 October.

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Filed Under: CBD, Fletcher Building, Gainz, Neighbourhoods, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: Fletcher Building, Fletcher Construction, International convention centre, SkyCity

Fletcher says insurers to cover convention centre fire costs

Tuesday 26 November 2019 by Bob Dey

Fletcher Building Ltd said today its insurers had confirmed they’d cover costs arising from the SkyCity NZ International Convention Centre fire in downtown Auckland on 22 October.

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Filed Under: CBD, Fletcher Building, Gainz, Neighbourhoods, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: Fletcher Building, Fletcher Construction, International convention centre, SkyCity

Convention centre completion now “late 2020”, focus moves to Federal-Albert Sts block

Friday 16 August 2019 by Bob Dey

Completion of the NZ International Convention Centre on the Nelson-Hobson Sts block in downtown Auckland is the biggest event on SkyCity Entertainment Group Ltd’s horizon, but it’s not the only focus.

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Filed Under: Albert St, CBD, Federal St, Gainz, Hobson St, Neighbourhoods, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: AA Centre, Federal House, Federal St precinct, Horizon Hotel, International convention centre, SkyCity, SkyCity HQ

SkyCity parking sale unconditional

Wednesday 14 August 2019 by Bob Dey

SkyCity Entertainment Group Ltd confirmed on Friday that its $220 million sale of a long-term concession over its Auckland carparks to Australian bank Macquarie Group Ltd’s Macquarie Principal Finance Group was unconditional and is expected to be completed next Monday, 19 August.

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Filed Under: Auckland cbd, CBD, Federal St, Gainz, Market, Neighbourhoods, Parking, Sectors, Securities - NZ, SkyCity Tagged With: Federal St, parking, SkyCity

SkyCity sells parking concession

Friday 5 April 2019 by Bob Dey

SkyCity Entertainment Group Ltd has entered into a binding agreement to sell a long-term concession over its Auckland carparks to Australian bank Macquarie Group Ltd’s Macquarie Principal Finance Group for $220 million.

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Filed Under: Auckland cbd, CBD, Gainz, Market, Neighbourhoods, Parking, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: Care Park, Macquarie, parking, SkyCity

Propbd on Q F29March19 – SkyCity Darwin sale, Argosy switches debt

Friday 29 March 2019 by Bob Dey

SkyCity Darwin sale unconditional – Argosy replaces $100 million of bank debt

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Filed Under: Argosy Property, Gainz, Market, propbd on Q, Sectors, Securities - NZ, SkyCity Tagged With: Argosy, bank debt, Darwin casino, green bonds, propbd on q, SkyCity

SkyCity sells Darwin casino

Friday 9 November 2018 by Bob Dey

SkyCity Entertainment Group Ltd has agreed to sell its Darwin business to Delaware North Companies Inc for $A188 million ($NZ202 million).

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Filed Under: Gainz, Sectors, Securities - NZ, SkyCity Tagged With: Darwin casino, Delaware North, SkyCity

Sale of AA Centre to SkyCity confirmed

Wednesday 18 July 2018 by Bob Dey

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.

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Filed Under: Albert St, CBD, Gainz, Neighbourhoods, NPT, Sectors, Securities - NZ, SkyCity Tagged With: AA Centre, Albert St, Asset Plus, NPT, SkyCity, slider

Melbourne developer buys Federal St carpark

Thursday 10 May 2018 by Bob Dey

SkyCity Entertainment Group Ltd has signed an unconditional agreement to sell the Federal St carpark in downtown Auckland to ICD Property Investment Ltd (Michael Mai, Melbourne) for $40 million.

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Filed Under: Auckland cbd, CBD, Federal St, Gainz, Market, Neighbourhoods, Parking, Sectors, Securities - NZ, SkyCity Tagged With: Federal St carpark, ICD Property, SkyCity

BlackRock ups SkyCity stake, cuts at Sky TV

Wednesday 21 March 2018 by Bob Dey

US fund manager BlackRock Inc, which bought a 5% stake in NZX-listed retail & office property investor Kiwi Property Group Ltd last week, has also lifted its holding in SkyCity Entertainment Group Ltd but cut its stake in Sky Network Television Ltd.

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Filed Under: Gainz, Sectors, Securities - NZ, SkyCity Tagged With: BlackRock, SKY TV, SkyCity

SkyCity agrees US placement & later NZ bond issue

Thursday 2 November 2017 by Bob Dey

SkyCity Entertainment Group Ltd reached agreement yesterday on a new $US150 million issue of US private placement notes.

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Filed Under: Gainz, Sectors, Securities - NZ, SkyCity Tagged With: SkyCity, US notes

SkyCity buys AA Centre to consolidate precinct control

Sunday 15 October 2017 by Bob Dey

SkyCity Entertainment Group Ltd has bought NPT Ltd’s interest in the AA Centre at 99 Albert St in central Auckland for $47 million.

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Filed Under: Albert St, CBD, Gainz, Neighbourhoods, NPT, Sectors, Securities - NZ, SkyCity, Victoria St Tagged With: AA Centre, Albert St, city rail link, NPT, SkyCity, slider

Convention centre project delayed but “on budget”

Monday 24 July 2017 by Bob Dey

Aside from the financial upheaval in the construction division of Fletcher Building Ltd, subsidiary company The Fletcher Construction Co Ltd told SkyCity Entertainment Group Ltd last Thursday that completion of its NZ international convention centre would be delayed.

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Filed Under: CBD, Fletcher Building, Gainz, Neighbourhoods, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: convention centre, Fletcher Construction, SkyCity

Propbd on Q F19Feb16 – Future transport, Higgins & adhesives clearances, port study, convention centre start

Friday 19 February 2016 by Bob Dey

Feedback sought on future transport needs – Fletcher seeks Higgins acquisition clearance – HB Fuller seeks Advanced Adhesives acquisition clearance – Take a surfing cruise to the port of Muriwai…. – Ministers turn first sod for convention centre

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Filed Under: CBD, Commerce Commission, Gainz, Neighbourhoods, Regulation, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: propbd on q

Propbd on Q W20Jan16 – QE Square rezoning approved, Tamaki campus rezoning approved, Furniture City sold, SkyCity guidance up

Wednesday 20 January 2016 by Bob Dey

Precinct’s QE Square rezoning approved – Tamaki campus rezoning approved – Smiths City to buy Furniture City – SkyCity lifts guidance

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Filed Under: CBD, Gainz, Isthmus east, Market, Neighbourhoods, Precinct Properties, propbd on Q, Queen St, Sectors, Securities - NZ, SkyCity, Tamaki Tagged With: Downtown, Furniture City, propbd on q, QE Square, SkyCity, slider, Tamaki campus

SkyCity examines hotel partnership options as new gambling concessions click in

Monday 16 November 2015 by Bob Dey

SkyCity Entertainment Group Ltd chair Chris Moller highlighted, when he addressed the company’s annual meeting on Friday, that the international convention centre it’s about to build won’t be a great earner in itself. But there’s a second leg to its development, which has come into play immediately – earnings from extra gambling concessions.

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Filed Under: CBD, Gainz, Neighbourhoods, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: convention centre, SkyCity, slider

Propbd on Q F13Nov15 – Convention centre contracts, Kiwi refinances

Friday 13 November 2015 by Bob Dey

SkyCity confirms Fletcher convention centre contracts – Kiwi Property refinances

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Filed Under: Gainz, Kiwi Property Group, Market, propbd on Q, Sectors, Securities - NZ, SkyCity Tagged With: convention centre, Kiwi Property, propbd on q

Propbd on Q T27Oct15 – Fletcher wins whole convention centre job, Metlife says no to Manukau golfcourse, 2 Goodman sales, tourist spendup

Tuesday 27 October 2015 by Bob Dey

Fletcher wins convention centre & hotel contract – Metlifecare turns down Manukau golfcourse opportunity – Goodman sells 2 Addington buildings – Foreign tourists spend $1.7 billion more

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Filed Under: CBD, Economy, Fletcher Building, Gainz, Goodman Property Trust, Market, Metlifecare, Neighbourhoods, propbd on Q, Sectors, Securities - NZ, SkyCity, Trade, Victoria Quarter Tagged With: convention centre, Fletcher, Goodman, Metlifecare, propbd on q, SkyCity, slider, tourists

Convention centre consent granted

Friday 18 September 2015 by Bob Dey

Independent commissioners have granted SkyCity Entertainment Group Ltd a 5-year consent to develop the NZ International Convention Centre on the Victoria Quarter block west of its casino & first hotel.

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Filed Under: CBD, Gainz, Neighbourhoods, Sectors, Securities - NZ, SkyCity, Victoria Quarter Tagged With: convention centre, SkyCity, slider, Victoria Quarter

SkyCity convention centre decision 3 weeks away

Sunday 30 August 2015 by Bob Dey

A resource consent decision on SkyCity Entertainment Group Ltd’s application for its international convention centre & hotel in Auckland can be expected around 23 September.

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Filed Under: CBD, Gainz, Land use, Neighbourhoods, Regeneration, Sectors, Securities - NZ, SkyCity, Urban renewal, Victoria Quarter Tagged With: convention centre, SkyCity, slider, Victoria Quarter

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About Bob Dey Property

The Bob Dey Property website is primarily about commercial & development property in Auckland, policies & strategies that impact on the sector, listed property securities and wider economic influences. It examines infrastructure, access & urban design issues, and presents ideas from around the world. The emphasis is on appropriate depth & context.

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