Augusta lines up third property for industrial property fund

Sun, 21 Jan 2018

By Paul McBeth Jan. 22 (BusinessDesk) - Augusta Capital has made a conditional offer to buy a property owned by one of its syndicates that it wants for the industrial property fund slated to be launched this year. Auckland-based Augusta's funds management unit has sent a notice of meeting to investors in the 12 Brick St property seeking to buy the property which would be the third and final acquisition for a new fund, it said in a statement. The deal is subject to the fund raising enough capital and tenant D&H Steel Construction waiving...

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