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.
SkyCity Darwin sale unconditional – Argosy replaces $100 million of bank debt
SkyCity Entertainment Group Ltd has agreed to sell its Darwin business to Delaware North Companies Inc for $A188 million ($NZ202 million).
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.
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.
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.