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Property for Industry sells $110m Parnell asset

The Carlaw Park divestment leaves PFI with just one non-industrial asset.

Andrew Bevin Wed, 10 Feb 2021

NZX-listed landlord Property for Industry has sold its mixed-use Carlaw Park property in Parnell for $110 million as part of a strategy to become a pureplay industrial property vehicle.

Carlaw Park was made up of two buildings which provided net rental income of $6.88m a year from a handful of

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Andrew Bevin Wed, 10 Feb 2021
Contact the Writer: andrew@nbr.co.nz
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Property for Industry sells $110m Parnell asset
Property,
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