Sky TV completes $56m lease-back of studios

Sky TV will sell and lease back part of its sprawling Mt Wellington campus. (Image: supplied)

Thu, 16 Dec 2021

Sky Network Television has confirmed the sale of its Mt Wellington campus in a sale and lease-back agreement with listed property group Goodman Property Trust for $56 million.The NZX-listed broadcaster operates out of three buildings on the site, at a combined 17,251 square metres – including its main production and warehousing facilities. The campus spans adjoining properties at 10-16 Panorama Rd and 34 Leonard Rd with a combined site area of 4.45 hectares. The agreement includes a 10-year leaseback of Studio One at an annual r...

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