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M-Co sells schools, prison and student flats for $200m

Buyer is $5.5b market cap London-listed investment fund.

Hobsonville Primary School is among the assets sold in the Morrison & Co deal.

NBR Staff Fri, 09 Dec 2022

Investment funds managed by Morrison & Co have agreed to sell 11 New Zealand schools, a prison and student accommodation to a UK-listed investment company for $200 million.

The deal announced late this afternoon involves Hobsonville Point primary and secondary schools, as well as a further four

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NBR Staff Fri, 09 Dec 2022
Contact the Writer: editor@nbr.co.nz
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M-Co sells schools, prison and student flats for $200m
General Business,
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