48 Seaview Road, Wellington Divestment

NZX and media
announcement
—
9 December 2021

Page 1

48 SEAVIEW ROAD, WELLINGTON
DIVESTMENT
Property for Industry Limited (PFI, the Company) is pleased to announce the divestment of the
Company’s 48 Seaview Road property in Seaview, Wellington.

Bayleys marketed the property, which has been unconditionally sold for a gross sales price of $10 million.
The property was last valued in June 2021 at $8.875 million.

Settlement of the divestment is scheduled to take place in February 2022.

ENDS






















ABOUT PFI & CONTACT

PFI is an NZX listed property vehicle specialising in industrial property. PFI’s nationwide portfolio of almost 100 properties is
leased to around 135 tenants.

For further information please contact:

SIMON WOODHAMS
Chief Executive Officer
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Phone: +64 21 749 770
Email: woodhams@pfi.co.nz
CRAIG PEIRCE
Chief Finance and Operating Officer
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Phone: +64 21 248 6301
Email: peirce@pfi.co.nz
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Property for Industry Limited
Shed 24, Prince’s Wharf, 147 Quay Street, Auckland 1010
PO Box 1147, Shortland Street, Auckland 1140
www.propertyforindustry.co.nz