Settlement of 22 Stoddard Road sale
NZX release
Settlement of 22 Stoddard Road sale
1 May 2023
Asset Plus (NZX: APL) is pleased to confirm that the sale of Stoddard Road has settled this afternoon. From the sale
proceeds, $36.35 million has been repaid to BNZ with overall facility limits reducing by $33 million to $52 million.
Drawn debt now stands at $37.3 million, with further drawings to be made to fund completion of the Munroe Lane
development. A further update will be provided as part of the 2023 financial year results announcement which is
being announced on 29 May 2023.
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 21 610 631
-ENDS-
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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