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Auckland Real Estate Trust buys assets to create $160m office complex

The Australia-based trust dual listed on the NZX in December.

Andrew Bevin Fri, 12 Mar 2021

Dual ASX/NZX-listed Auckland Real Estate Trust has purchased two Auckland CBD office properties it plans to amalgamate with an existing adjacent asset to create an A-grade office complex.

Acquisition of two properties, 60 Federal St and 16 Kingston St, will set the trust back $58 million. The

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Andrew Bevin Fri, 12 Mar 2021
Contact the Writer: andrew@nbr.co.nz
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Auckland Real Estate Trust buys assets to create $160m office complex
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