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Box 112's property sale part of expansion plans

Brent Melville
Thu, 23 Sep 2021

Box 112's property sale part of expansion plans
Box 112's Stringer, Rofe and Farrell, ticking the boxes. (Image: Supplied)
Brent Melville
Thu, 23 Sep 2021
Property company Box 112 says the time was right to sell its three Christchurch early childcare education (ECE) centres, as it moves to expand its commercial portfolio.The properties were snapped up by Quarry Capital for $14.4 million and will form part of its growing ECE-focused Artemis Property scheme.The Artemis syndication now has 14 early childhood assets in its portfolio, primarily in the South Island and lower North Island, valued at $48.5m.Box 112 is a Christchurch-based property developer and investment partnership founded in 2015 by b...

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