2 light industrial properties were passed in at Barfoot & Thompson Commercial auctions this week, at land prices illustrating how acute the supply of industrial land around Auckland has become.
10 properties sold under the hammer out of 16 on offer on Wednesday at Bayleys’ third Auckland Total Property auction of the year.
Maat Property Group Ltd has closed its equity investment offer for the new Nido Furniture & Furnishings Ltd store at Henderson after raising $30 million in $50,000 parcels.
Ray White Commercial agents have sold 4 properties around Auckland, 3 in conjunction with other Ray White agencies. One is on Newmarket Broadway, 2 are in Grey Lynn and the biggest, ASB Bank’s north-west regional centre, is in Henderson.
5 of the 14 properties were sold at Bayleys’ Total Property commercial auction on Wednesday and 5 attracted no bid. At the agency’s Tauranga auction, all 3 properties were sold under the hammer.
Stride Property Ltd has unconditionally agreed the sale of one property to property & funds manager Oyster Management Ltd and the purchase of another from the Goodman Property Trust.