35 Graham Street – settlement date
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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