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Market Update – Unconditional sale of 302/308 Gt South Rd

22/02/2024, 09:51 NZDT, MKTUPDTE

Argosy Property Limited ('Argosy') has today announced it has unconditionally sold 302 and 308 Great South Road, in Auckland, for $19.9 million. The sale price reflects book value as at September valuation. Settlement date is expected to be late March 2024. The funds received will be used initially to reduce bank debt. END. End CA:00426625 For:ARG Type:MKTUPDTE Time:2024-02-22 09:51:13