Auckland University agrees to buy former Lion Breweries site in Newmarket

Thu, 13 Sep 2012

Sept. 13 (BusinessDesk) - University of Auckland has conditionally agreed to buy a 5.2 hectare property in Newmarket that Lion Breweries bought back from property developers two years ago, saying the site could meet its expansion needs for years to come. The university estimates that to cope with its growth it needs to build or acquire additional space at a rate of 6,000 square metres a year “for the foreseeable future.” The institution plans to consolidate its academic activities at its city and Grafton campuses though these would only cope...

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