SkyCity lawyer: Macquarie double dipping on failed car park deal

A dispute over the failed sale of SkyCity carparks has got a trial date. (Image: Sky City)

Thu, 13 Jul 2023

The lawyer acting for SkyCity Entertainment says the Macquarie-owned entity set up to buy its car parks is "double dipping" as the two remain in a legal battle over the failed agreement.Now that disagreement over a $52 million difference in the compensation that the casino operator has to pay MPF Parking NZ will head to a two-day trial in September. In April 2019, SkyCity entered into a long-term concession agreement with MPF, owned by Australian investment bank Macquarie, for $220m.Under the deal, MPF had the concession to opera...

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