Goodman Property JV to buy central Auckland office building for $62M

Fri, 12 May 2017

By Rebecca Howard May 12 (BusinessDesk) - Goodman Property Trust's joint venture with Singapore government-owned GIC has agreed to buy Bayleys House, a recently completed office building in central Auckland, for $62 million, Goodman Ltd, the trust's manager, said. The 8,106 square meter low-rise office building adjoins the Fonterra Centre on the corner of Gaunt and Halsey Streets in Auckland's VXV Precinct, an area located between Victoria Park and the viaduct. The acquisition, which remains conditional on the approval of the freehold l...

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