Private equity investor Caniwi adds Olympic star Waddell, hunts provincial property

Mon, 06 Feb 2017

By Pattrick Smellie Feb. 7 (BusinessDesk) - Wellington-based private equity investor Caniwi Capital is on the lookout for regional commercial property opportunities after selling down two major assets in 2016, including quitting a Wellington CBD property just before it was damaged in the Nov.14 Kaikoura earthquake. The firm's largest transaction in 2016 was the sale of a complex housing ANZ back-office functions in Wellington's Tory St "for a substantial gain" on the $46.5 million it paid developer Ian Cassels for the property in 2013....

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