Asset Plus considers sale of key property, possible winding up

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)
Maria Slade
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...

More Property

What you can buy with $5m in Queenstown
Property

What you can buy with $5m in Queenstown

These homes feature four or more bedrooms, and views of the mountains and/or the lake.

Community housing lender readies first social bonds
Finance

Community housing lender readies first social bonds

The Community Housing Funding Agency received an A+ credit rating this week.

Oliver Lewis 05 Sep 2025
Ōrewa housing developer pushes back on draft rejection
Infrastructure

Ōrewa housing developer pushes back on draft rejection

The Delmore project is the latest fast-track project to suffer a setback. 

Oliver Lewis 05 Sep 2025
Not just Auckland: Ikea eyes online sales at 25-35%
Retail

Not just Auckland: Ikea eyes online sales at 25-35%

The Swedish furniture giant stresses that sales will be made online too.

Victoria Young 04 Sep 2025