Bulk discount retailer Costco Wholesale Corp announced onsite yesterday it would enter the New Zealand market with a 14,000m² business at Westgate in Auckland’s north-west.
NZ Retail Property Group
Stride Property Ltd said today it had agreed to defer the expiry date of Westgate Town Centre Ltd (Mark Gunton)’s 3-year option to acquire Stride’s NorthWest 2 development.
Bethunes Investments Ltd said on Friday it had entered into an agreement to acquire the transport & logistics business of New Plymouth-based Transport Investments Ltd for $200 million.
NZ Retail Property Group Ltd advised listed shell company Bethunes Investments Ltd today that it had terminated its proposed reverse listing transaction.
NZ Retail Property Group Ltd’s pre-transaction restructuring to enable a backdoor NZX listing through Bethunes Investments Ltd has been completed, and Bethunes chair Chris Swasbrook said on Monday legally binding documentation to formalise the transaction should be entered within a week. When Bethunes (previously the philatelic business Mowbray Collectables Ltd) said in March it had […]