Brief: Summerset Group Grows New Zealand Portfolio With Two New Site Deal For NZ$400 Mln

Summerset group

22/08/2023 22:35

Aug 23 (Reuters) - Summerset Group Holdings Ltd
 SUM.NZ :
    * GROWS NEW ZEALAND PORTFOLIO WITH TWO NEW SITES
    * ANNOUNCED PURCHASE OF TWO NEW PROPERTIES IN NEW ZEALAND
ROLLESTON (CHRISTCHURCH) AND MOSGIEL (DUNEDIN)
    * COMBINED INVESTMENT IN TWO SITES WILL BE IN EXCESS OF NZ
$400
MILLION
    * FIRST DELIVERIES FROM SITES ARE EXPECTED FROM FY26 ONWARDS

Source text for Eikon:  ID:nASX3Y1QG0 
Further company coverage:  SUM.NZ 

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