Ann: ASSET: ARG: Argosy announces sale of vacant

• Release Date: 18/03/14 13:36
• Summary: ASSET: ARG: Argosy announces sale of vacant land in Palmerston North
• Price Sensitive: No
• Download Document  501B

					ARG
18/03/2014 11:36
ASSET

REL: 1136 HRS Argosy Property Limited

ASSET: ARG: Argosy announces sale of vacant land in Palmerston North

Argosy Property Limited is please to announce the unconditional sale of 1.15
hectares of vacant land in Palmerston North.

The vacant land sold for $110 per square metre at a price of $1.27 million,
which is above book value.

The sale is part of the Company's strategy of divesting vacant land.
End CA:00248345 For:ARG    Type:ASSET      Time:2014-03-18 11:36:44