Asset Plus raising $100m for Albany development
The rights issue and $127.5m development will be put to a shareholder vote.
Andrew Bevin
Tue, 10 Mar 2020
NZX-listed Asset Plus is raising $100 million through an underwritten rights issue to enable its $127.5m development for Auckland Council.
The company announced the new six-floor, 26,675sq m council building in Munroe Lane, Albany in December.
It bought the site for $7.25m at the start of
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Andrew Bevin
Tue, 10 Mar 2020
Contact the Writer: andrew@nbr.co.nz
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Asset Plus raising $100m for Albany development
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