Box 112's property sale part of expansion plans

Box 112's property sale part of expansion plans
Box 112's Stringer, Rofe and Farrell, ticking the boxes. (Image: Supplied)
Brent Melville
Property company Box 112 says the time was right to sell its three Christchurch early childcare education (ECE) centres, as it moves to expand its commercial portfolio.The properties were snapped up by Quarry Capital for $14.4 million and will form part of its growing ECE-focused Artemis Property scheme.The Artemis syndication now has 14 early childhood assets in its portfolio, primarily in the South Island and lower North Island, valued at $48.5m.Box 112 is a Christchurch-based property developer and investment partnership founded in 2015 by b...

More Property

Triple Connection faces liquidation
Property

Triple Connection faces liquidation

The debt collector says the company "don't pay their bills".

Gregor Thompson 13 Dec 2024
Beachlands South development appeals settled
Property

Beachlands South development appeals settled

Appeals challenging the approval of a plan change for the Beachlands South development have been settled, paving the way for the multi-billion dollar project to proceed.“The success of negotiating a sensible outcome means that the development process can now move forward with the...

Staff reporters 11 Dec 2024
Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

Maria Slade 11 Dec 2024
Olliver avoids bankruptcy – for now
Property

Olliver avoids bankruptcy – for now

A bid by BNZ to bankrupt the developer has been adjourned until February.

Maria Slade 10 Dec 2024