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Restaurant Brands Agreement at Eastgate now unconditional

Property15 October 2020APLReal Estate

NZX RELEASE

16 October 2020


Restaurant Brands Agreement at Eastgate now unconditional


On 28 August 2020, Asset Plus (NZX:APL) announced the entry into an Agreement to Lease (ATL) with Restaurant

Brands Limited to construct a new building on existing bare land at Eastgate Shopping Centre, Christchurch for

occupation by one of Restaurant Brands’ fast food brands on completion. The ATL was conditional on obtaining

Resource Consent prior to 23 November 2020.


Asset Plus is pleased to confirm the required resource consent has been obtained and the ATL is now unconditional.


-ENDS-


For further information contact:


Mark Francis

Managing Director, Augusta Funds

Management Limited, Manager of Asset Plus

09 300 6161


Stephen Brown-Thomas, Asset Plus and Development

Manager, Augusta Funds Management Limited,

Manager of Asset Plus

09 300 6161

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