Eastgate settlement completed

TRANSACT
Mon, Aug 29 2022 02:45 pm

NZX release
Eastgate settlement completed
29 August 2022


Asset Plus is pleased to confirm that the sale of Eastgate Shopping Centre has successfully settled this afternoon.

From the sale proceeds, $40 million has been applied towards repaying the Company’s BNZ facility with the balance retained as working capital.


-ENDS-


For further information, please contact:


Stephen Brown-Thomas
Asset Plus Fund Manager, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161

Matthew Butt
Head of Investor Relations, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161


Announcement PDF


Markets News

Index up 0.2%; SkyCity loses spot on the 20
Markets Market Close

Index up 0.2%; SkyCity loses spot on the 20

Scales Corporation shares are up after it upgraded guidance.

Gregor Thompson 10 Jun 2025
Markets

SkyCity’s $330m Fletcher claim faces ‘high bar’

Analysts believe the casino operator’s NZICC claim is unlikely to succeed.

SkyCity’s $330m Fletcher claim faces ‘high bar’
Primary Sector

Fonterra's consumer business likely to be sold as one

That figure feels expensive to one analyst on this side of the Tasman.

Riley Kennedy 10 Jun 2025
Fonterra's consumer business likely to be sold as one