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

Cook clarifies role in failed Albany deal

Augusta Property Fund’s $89m transaction was cancelled on March 27.

Andrew Bevin Mon, 04 May 2020

More details have emerged about Augusta’s failed purchase of the Albany Lifestyle Centre, which ended up stinging the company with a $4.5 million lost deposit.

The deal fell over after NZX-listed Augusta cancelled the Augusta Property Fund’s initial offer, which included the Albany property,

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Andrew Bevin Mon, 04 May 2020
Contact the Writer: andrew@nbr.co.nz
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Cook clarifies role in failed Albany deal
Property,
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