Colliers sold the Bell Tea warehouse at East Tamaki at auction yesterday, but a new childcare centre at Whenuapai was passed in.
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Developer settles for 5.26% yield on new shops but childcare centre owner holds out 60 points firmer
A longstanding Mt Eden childcare centre was passed in with the yield at 4.66% at Colliers’ auction today, but the developer of a new local retail centre (pictured) at Westgate settled for 60 basis points over that.
Read more →Childcare centre sells at Colliers auction
The one property taken to auction at Colliers International on Wednesday, a childcare centre in Birkenhead, was sold under the hammer.
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