NZX RELEASE
29 November 2024
Settlement of 35 Graham Street sale
Asset Plus (NZX: APL) is pleased to confirm that the sale of 35 Graham Street has settled this morning. From the sale proceeds, $32.97 million has been repaid to BNZ with all company debt now repaid.
The proposed special dividend announced on 15 November 2024 is expected to be formally declared and announced on Monday 2 December 2024.
Announcement authorised by the Board of Asset Plus Limited.
-ENDS-
For further information, please contact:
Stephen Brown-Thomas
Asset Plus Fund Manager, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161
Analysts hold their ratings but lower their 12-month target prices.
“The risk-reward at the current level is solid,” David Kingston said.
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