Asset Plus FY22 Annual Report & Eastgate Settlement Update

Asset Plus (NZX:APL) has released its FY22 Annual Report, plus an update on the sale of Eastgate which is now expected to settle in late July or early August.

All outstanding matters have been resolved and the subdivision is currently being processed by LINZ.

Asset Plus does have the ability to terminate the agreement and retain the deposit if the new titles do not issue by 1 July, however they do not currently intend to exercise that right.

Those interested in further information can contact Mark Francis, CEO of Centuria NZ, Manager of Asset Plus; Simon Woollams, Asset Plus CFO; Stephen Brown-Thomas, Asset Plus Fund Manager; or Matthew Butt, Head of Investor Relations.