Savor snaps up waterfront's HQ, former Ostro sites

Amano in Britomart was bought from Hipgroup last April. (Image: Supplied)

Tue, 31 May 2022

Restaurant group Savor says it has successfully raised $2 million in new capital through a private placement at 40 cents a share and it has secured a lease for the former Headquarters site at Auckland's Viaduct. The equity raise, to six of the group's 'cornerstone' shareholders, represents 8% of Savor's shares on issue.Savor has also secured the rights to open a Movida restaurant at Britomart, bringing its restaurant complement to 17, across 14 brands.The NZX-listed firm, which evolved out of brewing group Moa, changed...

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