Asset Plus considers sale of key property, possible winding up

Asset Plus developed 6-8 Munroe Lane in Albany, Auckland council's northern hub. (Image: Supplied)

Wed, 29 May 2024

Listed property investor Asset Plus has reported an improved net loss of $5.3 million for 2024, helped by lower revaluations of its remaining assets.This compares with a loss of $13m in 2023.Asset Plus is managed by property fund manager Centuria New Zealand, which, since taking over in 2018, has sold all non-core assets and invested in a large office development, Munroe Lane, in Albany on Auckland’s North Shore.Munroe Lane was completed in July and serves as the northern hub for Auckland council, which occupies two-thirds of th...

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