Turners shift to retail will see it shift out of 'supersite'

Thu, 18 Jun 2020

Auto group Turners will vacate its former flagship Penrose 'supersite' at the end of 2020 as it moves away from its traditional wholesale auction business, it said today in tandem with the launch of its results for the year to March 2020. The listed company has leased the 4-hectare site from landlord Goodman for the past 20 years but will move its retail and auction businesses to two new sites in Westgate and Mt Richmond in December, also moving its operations in Dunedin to new premises located near that city’s waterfront. Chief executi...

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