Precinct Properties sells Deloitte House for $10.2M, considers offers on Auckland's ANZ Centre

Mon, 23 Apr 2018

By Sophie Boot April 23 (BusinessDesk) - Precinct Properties has sold Deloitte House in Wellington for $10.2 million and says it's entered into a period of exclusivity with one potential buyer for its stake in the ANZ Centre in Auckland. The sale of Deloitte House, at 10 Brandon Street, is conditional on ground lessor approvals and is due to settle in August 2018, Precinct said in a statement. The building was valued at $7 million as at Dec. 31, 2017, following a number of write-downs due to earthquake damage. When it announced its first-...

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