Brief: Property For Industry Announces Divestment Of 8A + 8B Canada Crescent Properties
06/12/2022 01:28
Dec 6 (Reuters) - Property for Industry Ltd PFI.NZ :
* ANNOUNCE DIVESTMENT OF COMPANY'S 8A + 8B CANADA CRESCENT
PROPERTIES IN CHRISTCHURCH
* DEAL FOR GROSS SALES PRICE OF NZ$21.0 MILLION
* PROCEEDS WILL BE USED TO FUND NZ$66 MILLION REDEVELOPMENT
OF
CO'S BOWDEN ROAD SITE IN MOUNT WELLINGTON
Further company coverage: PFI.NZ
((Reuters.Briefs@thomsonreuters.com;))
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