Asset Plus to raise $60m for Auckland Council development
It follows a withdrawn $100m raise in March 2020.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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