UPDATE: Scentre Group says business as usual for NZ shopping malls on the block

Tue, 24 Feb 2015

(Updates with comment from Scentre) By Fiona Rotherham Feb. 24 (BusinessDesk) - Scentre Group, the Australasian shopping centre owner, said it had placed its four remaining 100 percent-owned shopping centres in New Zealand on the market for expressions of interest. However there is no sale agreement in place at this stage for the four malls, WestCity and Glenfield in Auckland, Chartwell in Hamilton, and Queensgate in Lower Hutt, the company said in an emailed statement. “It remains very much business as usual for the centres,” it sa...

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