$45.5 million fetched by NZ Post properties
A total amount of $45.5 million was achieved by New Zealand Post’s seven property sell down; however the company has not revealed the identity of the purchaser.
As of now, New Zealand Post media communications manager Keith FitzPatrick would not reveal the prices of each individual property, except the $45.5 million total of all seven sales.
Furthermore, till the time, the deal, handled by Colliers International, settles by the end of June, the identity of the purchaser will not be disclosed.
Colliers national sales director Peter Herdson, expressed, “At a time when the market and many buyers are tending towards risk-averse strategies, these sales show that prime location and exceptional profile always offer a great opportunity for investors.”
It has also been learnt that even the post offices are being purchased by the mystery buyer, who battled 59 other offers.
(via TopNews New Zealand. Contributed by Kohia Dennison)