Brief: Argosy Property To Undertake NZ$64 Mln Development At Property In Wellington's CBD
April 24 (Reuters) - Argosy Property Ltd ARG.NZ :
* UNDERTAKING NZ$64 MILLION DEVELOPMENT AT PROPERTY IN
WELLINGTON'S CBD
* DEVELOPMENT IS PROJECTED TO DELIVER AN INTERNAL RATE OF
RETURN
OF 8.2% AND A 7.2% INITIAL YIELD
Source text for Eikon: ID:nNZW50Dqgn
Further company coverage: ARG.NZ
((Reuters.Briefs@thomsonreuters.com;))
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