Brief: Precinct Properties New Zealand Enters Conditional Deal With Eke Panuku Development Auckland
24/11/2023 01:13
Nov 24 (Reuters) - Precinct Properties New Zealand Ltd
PCT.NZ :
* ENTERED CONDITIONAL AGREEMENT WITH EKE PANUKU DEVELOPMENT
AUCKLAND TO ACQUIRE AND REDEVELOP DOWNTOWN CAR PARK SITE
* WILL PARTNER WITH NGĀTI WHĀTUA ŌRĀKEI TO REDEVELOP SITE
LOCATED
ON CORNER OF CUSTOMS AND LOWER ALBERT STREET
* DOWNTOWN CAR PARK SITE PURCHASE PRICE IS NZ$122 MILLION,
PAYABLE
AT END OF 2025
Further company coverage: PCT.NZ
((Reuters.Briefs@thomsonreuters.com;))
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