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35 Graham Street – settlement date

Property27 September 2023APLReal Estate

NZX release
35 Graham Street – settlement date

27 September 2023


Asset Plus (NZX: APL) advises that the purchaser of 35 Graham Street has exercised their right to extend the

settlement date on this property by 12 months. The settlement date will therefore be 29 November 2024 (as 1

December 2024 is a Sunday). As a result, the purchase price increases from $65.0m to $68.0m, and the deposit

payable increases from 10% to 20%, for a total deposit of $13.6m. The additional $7.1 million deposit payable will

be applied as a debt repayment against the Company’s facilities.


A further announcement will be made once settlement occurs. Asset Plus will continue to explore and secure short

term leasing and income generating activities to partially offset holding costs in the interim.



-ENDS-



For further information, please contact:


Stephen Brown-Thomas

Asset Plus Fund Manager, Centuria NZ, manager of Asset Plus Limited

+64 9 300 6161


Simon Woollams

Asset Plus CFO, Centuria NZ, manager of Asset Plus Limited

+64 21 610 631

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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