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‘Local high net worth investor’ snaps up MediaWorks’ Auckland properties

MediaWorks’ cash-strapped owners bank $26m for the six-title listing.

Reweti Kohere Wed, 15 Jan 2020

The owners of cash-strapped radio and television network MediaWorks have agreed to unconditionally sell the media company’s Auckland headquarters to a local high net worth investor for about $26 million.

Real estate agency Bayleys took charge of the tender process for majority owner, US

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Reweti Kohere Wed, 15 Jan 2020
Contact the Writer: reweti@nbr.co.nz
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‘Local high net worth investor’ snaps up MediaWorks’ Auckland properties
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