Update on Eastgate settlement
NZX release
Update on Eastgate settlement
23 August 2022
Asset Plus is pleased to advise that it has made good progress with rectification of the Building Act certificate
issue previously disclosed.
Following discussions with Christchurch City Council, agreement has been reached to complete certain minor fire
protection works to a door opening onto the McDonald’s title.
A cash bond is to be provided to Christchurch City Council to secure completion of the works. This is currently
being documented and Christchurch City Council has agreed that the certificate will be removed from the
McDonald’s title, subject to appropriate documentation being entered into.
Documentation is currently being drafted and Asset Plus expects this documentation to be signed this week to
allow settlement to occur ahead of 31 August 2022.
-ENDS-
For further information, please contact:
Stephen Brown-Thomas
Asset Plus Fund Manager, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161
Matthew Butt
Head of Investor Relations, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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