Sale 'underlines confidence' in market
The sale is subject to Overseas Investment Office approval.
The properties include the Botany Town Centre, Manukau Supa Centre and the PricewaterhouseCoopers Tower in Wellington.
AMP Capital Property Portfolio General Manager Stephen Costley said: “This is a great result for all parties involved in the transaction. The vendors have realised their strategy to sell at a price that delivers value for investors, the purchaser is acquiring a quality, diversified property portfolio, AMP Capital retains its management of these assets and the transaction highlights the strength of the New Zealand economy and its status as an attractive investment destination.”
He said it reinforced the confidence in New Zealand’s economy and property market.
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