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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
3 mins to read

Asset Plus to raise $60m for Auckland Council development

It follows a withdrawn $100m raise in March 2020.

Andrew Bevin Thu, 10 Sep 2020

NZX-listed property fund Asset Plus is raising $60.2 million ahead of its six-storey Munroe Lane development for Auckland Council at Albany.

The equity raise, the fund’s second go at funding development of the project, is structured as a $48.1m 1 for 1.01 accelerated non-renounceable

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Andrew Bevin Thu, 10 Sep 2020
Contact the Writer: andrew@nbr.co.nz
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Asset Plus to raise $60m for Auckland Council development
Property,
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